Understanding Title Insurance: Protecting Your Property Investment

When purchasing real estate, few elements of the closing process are as misunderstood yet critically important as title insurance. This specialized insurance protects both homeowners and mortgage lenders against potential financial losses arising from defects in a property's title. Unlike most insurance policies that protect against future events, title insurance safeguards against past occurrences that could threaten your ownership rights.

What is Title Insurance?

Title insurance is a form of indemnity insurance that protects against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage loans. A title search is conducted…

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