Title insurance is boring, but Allied Title & Escrow is here to decode the jargon and make it (somewhat) more interesting. This biweekly feature will explore the mundane (but very necessary!) world of title insurance while sharing interesting stories of two friends’ entrepreneurial careers.
When you buy a home, you are required to get title insurance for the lender who is providing your mortgage. You do have the option to get title insurance for yourself, and we highly recommend you do so you can protect what is likely your largest investment.
The horror stories are painful to hear about when people decline owner’s title insurance; people end up losing their homes because of a rare issue that arises with the title of their home.
Many of our clients are confused as to why you need title insurance, so we put together a list that will give you an overview of why it’s a good investment:
- It protects your largest investment.
- It reduces your risk.
- You can’t beat the value.
- It covers your heirs.
- It’s not the same as homeowners insurance.
- 8 in 10 homebuyers choose owner’s title insurance.
- You’ll have a peace of mind.
Check out this quick one pager that further explains each point and if you have questions, email us directly. We will be happy to answer any questions you have.
Have questions related to title insurance? Email Latane and Matt at [email protected]. Want to use Allied Title & Escrow when you buy a home? Tell your agent when you buy a house to write in Allied Title & Escrow as your settlement company!