Title insurance is an important way to protect yourself from any potential problems that could arise from owning a piece of property. It is important to talk to your lender and your real estate agent about getting title insurance for your purchase. You can also get a title insurance estimate at Clear Skies Title Agency.
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Buying Title Insurance
When you purchase a home, you are not only buying the physical structure, but also the title to the property. The title is a legal document that proves you are the owner of the home.
However, there are times when the title to a property can be disputed. This is why it is important to purchase title insurance. Title insurance protects you from financial losses if there is ever a problem with the title to your home.
There are many different situations where title insurance can come in handy. For example, if someone sues you claiming they have a right to the property, or if there are problems with the deed to the property, title insurance will help cover the costs of defending your ownership.
Title insurance is an important part of protecting your investment in your home. Make sure you purchase title insurance when you buy your next home. If you have a mortgage on the property, your lender will require you to have an active title insurance policy in place.