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Things to Understand About Title Insurance

1. It protects your ownership right to your home both from fraudulent claims against your ownership and from mistakes made in earlier sales, such a mistake in the spelling of a person's name or an inaccurate description of the property.

2. It's a one-time cost usually based on the price of the property.

3. It's usually paid for by the sellers.

4. There are both lender title policies, which protect the lender, and owner title policies, which protect you. The lender will probably require a lender policy.

5. Discounts on premiums are sometimes available if the home has been bought within only a few years since not as much work is required to check the title. Ask the title company if this discount is available.


Bordertown Realty, Inc.- 744 Ryan Dr. Suite #103 - Hudson, WI 54016
Office: (715)-386-6000 Toll Free:1-888-217-5965   
 
Questions or Comments?  Email us at: jean@BordertownRealty.com
 
The materials contained within this page may not be reproduced without the express written consent of Bordertown Realty, Inc. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied.


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