Title insurance is a policy that protects against financial loss stemming from problems found in a property’s title, or legal ownership.
Whether you are a first-time or repeat buyer, your head may swim with related questions. For example, how do you know the seller really owns the property? How can you be sure there are no liens, such as from unpaid taxes and lawsuits, or undisclosed heirs who might claim ownership? The answers lie in the title search.
A good title search generally turns up these types of issues. And a good title insurance policy will protect you should they arise during your ownership.
I have long-established working relationships with excellent title companies in our area. Also, within RE/MAX Alliance Group's family of services is Alliance Group Title, a firm that many buyers select for settlement purposes.