Why pay for title insurance?
Many Buyers and Sellers wonder about that ‘title insurance’ charge on the Settlement Statement. The Seller buys a policy for the Buyer and the Buyer pays for a policy for their Lender (if they are getting a mortgage). So what…
What is title insurance?
Title insurance insures the lender and/or buyers against the possibility of unknown liens or discrepancies in ownership on the property they are purchasing. Sellers buy title insurance for the buyers, covering the amount of the purchase price; buyers buy title…
