Understanding Title Insurance

1. It protects your ownership right to your home both from fraudulent claims against your ownership and from mistakes made in earlier sales, such a mistake in the spelling of a person’s name or an inaccurate description of the property.

2. It’s a one-time cost usually based on the price of the property.

3. There are both lender title policies, which protect the lender, and owner title policies, which protect you. The lender will probably require a lender policy.

4. Discounts on premiums are sometimes available if the home has been bought within only a few years since not as much work is required to check the title. Ask the title company if this discount is available.

Ask me about title insurance when purchasing your new home.  I can provide valuable information which will help you determine if purchasing title insurance is right for you!

 

 

 

 

Cheryl Nightingale

"Achieve Your Dreams"

Realtor®, CBR, CDE

Remax Real Estate Center

30 Mechanic Street

Foxboro, MA 02035

(508) 543-3922  Ex 307- Office

(508) 576-7442- Direct

(508) 543-0696 - Fax

mailto:cheryl@nightingalehomes.com