Owner’s title insurance – protects the buyer.Once you are under contract on a house, one of the first things you will do is buy title insurance. Although most are minor problems and easily resolved, it is important to understand what to expect. While most home purchases are completed with very little hassle, some do involve issues with the title. A title search is performed to ensure that the title is clear and that there are no unexpected surprises. Many first time buyers may not have heard much about this process. One of the steps in buying a home is to have a title search completed prior to closing. A title is the legal documentation that includes the specifics about the property you are purchasing and who owns it, often in the form of a deed.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |