Do You Need Additional Title Coverage? To start, if you previously purchased property and obtained an Owner’s Title Insurance Policy, you may need additional title insurance coverage. Perhaps your policy does not reflect the current value of your property, asking about extra coverage may be beneficial. If you refinance your mortgage or obtain a construction loan/home equity loan to improve your property, it is a
Introduction
Short and sweet: title insurance. It's what we do best here at Landmark Abstract! Under this blog category, you'll find a lot of articles about the subject, of course.
What Is Title Insurance?
Title insurance is protects you, your property, and your lender. You and your bank have a financial interest in your property, right? Your policy protects you from title defects and errors as long as you own your home. Read more about it here! We feel it's a necessary part of purchasing and owning a home.
Topics Guide
First, if you want more of a guide to learn more, we have a great post that lines up all our posts under this category. Next, we grouped them according to basics to more advanced title insurance topics. Read the guide here, and find the article you want!
Downloadable Resources
Our Downloadable Resources page is also a treasure trove of information for this subject, too. Click on the link above to get started! May we suggest this particular handout, as well?
Conclusion
Overall, title insurance is a vital part of purchasing and owning a home. It protects your financial interest from problems that may pop up later down the road of home ownership. Sure, you may find yourself questioning the cost, but your policy will give you peace of mind.
To conclude, title insurance give you security. Why wouldn't you want that for you and one of the largest purchases you'll ever make in your life? Also, if you'd like to know more and use us for your next settlement, contact us!
Why Get Title Insurance?
September 27, 2018 / Categories: Policy Information, Title InsuranceWhy get title insurance, really? Title insurance protects your property rights. It provides coverage for certain losses due to defects in the title that, occurred prior to your ownership. Title insurance protects against defects such as prior fraud or forgery. Surprisingly, these item could go undetected until after closing and possibly jeopardize your investment. Title Insurance Overview When a piece of real property is financed, purchased
Enhanced Owner’s Policy Advantages
August 23, 2018 / Categories: Policy Information, Title InsuranceIntroduction To begin, let’s talk about Enhanced Owner’s Title Policy advantages! This policy type provides you with valuable coverages which are not provided for in the Standard Title Insurance Policy. Unlike the traditional standard policy, the Enhanced Title Insurance Policy expands your coverage by providing protection into the future. Additionally, with the superior coverage, the Enhanced Title Insurance Policy provides, you can be assured of
Get Title Insurance for Protection
August 21, 2018 / Categories: Policy Information, Title Insurance, VideosIntroduction Get title insurance for protection! Homeowner’s have many options to consider when determining the best possible protection to keep their homes safe and secure for their families. Often, though, people take title insurance for granted. Choosing to install smoke alarms, deadbolt locks, and home security systems is a great way to start! These are important lines of defense to ensure their peace of mind.
Do New Homes Need Title Protection?
July 12, 2018 / Categories: Policy Information, Title InsuranceProtecting New Home Construction Yes! New homes need title protection! Title insurance is recommended for a newly constructed home even though the home itself has no title history. Because your new home was built on unimproved land, there may have been many prior owners of the property and with those prior ownerships comes the uncertainty of a clear chain of title. Additionally, obligations to contractors