When you purchase a home from a stranger you may never have met, it pays to have the nation’s largest title insurer with their experts to diligently search title to make sure there can be no ugly surprises you could know nothing about, and to provide insurance to cover any such surprises should any be found.
Take every precaution to protect your home. The business of title insurance is protecting ownership of your home: often the largest financial transaction you’ll make in your life.
For a relatively low, one-time premium, you’re protected against legal problems over property rights that could cost tens of thousands of dollars — even the loss of your home. Dollar for dollar, an owner’s title insurance policy is one of the most cost-effective forms of insurance available to homeowners.
Best of all, your one-time premium protects you for as long as you or your heirs own your property. What Is Title Insurance? Owner’s title insurance protects your right to your home. By searching, clearing and insuring the title to your home before you buy it, your owner’s title policy offers protection for your property rights for as long as you and your heirs own your home.
If ownership of your property ever comes into question, an owner’s title insurance policy protects you from expensive legal problems that could result in the loss of yourhome.
How Title Insurance Works As property changes hands, mistakes and irregularities — often made long before you expressed nterest in the property — can place your ownership in dispute. The seller may have… …avoided disclosure of using the property as collateral for an unpaid loan. …fraudulently claimed to be the sole owner. …failed to pay real estate taxes. Even a simple mistake in he recording of legal documents, improper execution of legal instruments or the reappearance of undisclosed or missing heirs can esult in the loss of your home. We diligently search public records for documents associated with the property and provide you with an expert, interpretive view of the impact of all recorded matters on the property’s title. © 2015 | Fidelity National Title Group