Title Insurance: Essential or Optional for Home Buyers?
Posted by Judy Orr on
Title insurance is an often overlooked yet essential element of the real estate transaction process. It serves as a safeguard, offering protection to both property owners and lenders against potential losses from title defects such as undisclosed liens, errors in public records, or fraudulent claims of ownership. Unlike other kinds of insurance that guard against future events, title insurance protects against past occurrences that might affect your ownership rights.
When venturing into the real estate market, homebuyers encounter numerous financial considerations, one of which is title insurance. While the prospect of purchasing a home brings excitement, it also demands meticulous attention to detail, especially concerning legal safeguards. Title…
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