NMLS # 408873

Title What is Title Insurance?

Title What is Title Insurance?

Title Insurance from Investopedia

  • Title insurance protects lenders and buyers from financial loss due to defects in a title to a property.
  • The most common claims filed against a title are back taxes, liens, and conflicting wills.
  • A one-time fee paid for title insurance covers pricey administrative fees for deep searches of title data to protect against claims for past occurrences.
  • Any real estate transactions must have a clear title to ensure that the property is free from liens.
  • A title insurance policy will cover numerous risks like flawed records, incorrect ownership, and falsified documents.

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