The One Premium That Protects Forever
Posted by Advantage Real Estate on
The One Premium That Protects Forever: Why Title Insurance Matters
The policy details, cost figures, and coverage descriptions in this article are general overviews. Title insurance terms, premiums, and availability vary by property, title company, and transaction type. A title professional or real estate attorney is your best resource for guidance specific to your situation.Six months after closing on their dream coastal home, the Andersons received a letter from an attorney claiming their waterfront property actually belonged to his client, the grandson of a previous owner whose inheritance was never properly recorded. Despite paying $485,000 and holding what they believed was clear title, they faced a lawsuit threatening their ownership.
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