What Is Title Insurance? 

When it comes to real estate and closing on a home, there are many unforeseen problems that can arise. This is where title insurance becomes so vitally important. Essentially, title insurance is an insurance policy attached to a new home. It also gives you the protection you need for a wide variety of issues. Here are 5 reasons you need title insurance.

 

Protects Your Home

 Much like insurance on your car or your health, title insurance protects your home. Once you purchase title insurance, the title company looks through everything: by going through the records as thoroughly as possible, they catch any issues that arise so the closing goes smoothly.

 

Protection Against Risk

 Given the complex nature of real estate, this is another reason you need title insurance. Forgeries, fraud, and even undisclosed heirs can throw a monkey wrench into closing on a home. Luckily, title insurance offers protection against these issues. When you purchase title insurance, you are no longer rolling the dice on risky investments. You are protected against anyone trying to take advantage of you.

 

Protection From Liens And Unpaid Taxes

 Unfortunately, previous owners may not always be honest with home-buyers. Liens and previously unpaid taxes can show up down the road, and without title insurance, you could find yourself in a very messy and stressful situation. However, purchasing title insurance guarantees your protection from these issues.

 

Peace Of Mind

At the end of the day, your peace of mind matters most. Especially with real estate, purchasing a home should be something to celebrate! However, if you do not purchase title insurance then the possibility of all sorts of problems will always be looming. Give yourself the peace of mind you deserve by getting title insurance. And without title insurance, you will never have that certainty.

 

Great Protection At A Great Cost

Given how much title insurance protects you from, it is absolutely worth the cost. Title insurance is just a one-time small payment that covers you from a multitude of problems. Closing on your home should be as stress-free as possible. For just a small fee, you get excellent protection and peace of mind that saves you from extremely costly, stressful problems that could arise.

A Team Dedicated To You

These are just some of the reasons you need title insurance. Real estate can be intimidating. That’s why DaMore Real Estate Law is here to help. We have represented clients in over 20,000 real estate transactions over the past 20 years. Our team of professionals has years of experience that guarantee everything goes as smoothly as possible for you. Are you ready to learn more about our many services? Contact us today!