What Is Title Insurance and Why Do I Need It?

What Is Title Insurance and Why Do I Need It?

If you’ve ever owned a home, chances are you’ve purchased title insurance. In one of the hundreds of pages of loan and closing documents you received and signed, a provision undoubtedly stated that your loan was conditioned upon your purchase of a...
DO I REALLY NEED OWNER’S TITLE INSURANCE?

DO I REALLY NEED OWNER’S TITLE INSURANCE?

Although your lender will likely require you to purchase a lender’s policy, the owner’s title insurance policy is optional. But, if you think the lender’s policy will protect you, think again. Lender’s title insurance covers the lender for the...
TITLE, SETTLEMENT, AND ESCROW, OH MY!

TITLE, SETTLEMENT, AND ESCROW, OH MY!

The terms “title”, “escrow”, and “settlement” are often used interchangeably to refer to a company that will “close” the sale of your home – or finalizing the sale. So what does it all mean? For most buyers,...