Whether you are refinancing your current home or purchasing
a new home, you will hear about title insurance.

During a refinance transaction, the lender will want
assurances that the title to your property is sound. This is
another way they protect their investment.  A lenders title
policy is issued to the mortgage company and is good for the
life of that particular mortgage. A lenders title policy only
covers the lender and does not extend coverages to the
owner.

During a purchase transaction, it is standard for the
purchaser to obtain an owner's title insurance policy.  Owners
title insurance is a ONE TIME premium, but it protects you for
the entire time that you own your home.

Some instances of things you are protected from are:

  Delinquent taxes from prior owners

  Liens from prior owners, including unreleased                        
   mortgages, judgments and homeowners liens

   Missing heirs or outstanding interests of prior owners

   Forged or improperly executed documents

Should you have a covered claim against your property,  the
Title Insurance Company will negotiate with the party in
question to settle your claim.  They will also defend your title
in court, if required.  They will satisfy any claims which are
covered under your policy, and most importantly, they will
pay any legal costs incurred in defending your title. If you
feel that you have a covered claim, you should immediately
contact the title insurance company referred to in your
owner's policy. (as policies vary, so do coverages, please see your individual
policy for more details.)
Title Insurance
If your mortgage
company requires
title insurance,
shouldn't you?
This is the most
costly purchase of
your life, isn't it
worth securing?
Please contact our
office for more
information on the
different policies
available