Home Title Insurance
Home title insurance will protects your investment against losses that occur when you discover after the closing of your property that someone else can claim their ownership of the property that you just bought. This can happen when the rights of a previous owner weren’t carefully looked at during the examination of your title. But just what is a title search or title examination? A title search is a close examination of all the public records that are associated with the real estate that you are considering purchasing. The search will look at past deeds, wills, and trusts to be certain that the title has passed to you, the new owner. All prior mortgages, liens, and judgments will need to have been paid in full. Home title insurance can protect you against any mistakes that happen during this search. If there is a problem, or defect, found it will need to be corrected before the closing of the property. If a previous owner sold the property 20 years ago and his wife is still listed on the deed her interests in the property will need to be removed to clear the title so that you can purchase the property. A title search will usually uncover any potential problems such as rights others may hold on the property, including view easements, power line easements, mineral rights, claims by prior heirs that are undisclosed, and any pending legal concerns on the property. Even if the title looks