Why You Need Title Insurance By Mark Spurbeck

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Does your home title have recorded defects?

When it’s time to sell your home and buy a new home, why wouldn’t you take every precaution to protect it?

Our business is protecting ownership of your property: often the largest financial transaction you’ll make in your life. For a relatively low, one-time premium, you’re protected against legal problems over property rights that could cost tens of thousands – even the loss of your home. Dollar for dollar, an owner’s title insurance policy is one of the most cost-efficient forms of insurance for homeowners. Best of all, your one-time premium protects you for as long as you or your heirs own your property.

What Is Title Insurance?

Owner’s title insurance protects your right to your home. By searching, clearing and insuring the title to your home before you buy it, your owner’s title policy offers protection for your property rights for as long as you and your heirs own your home. If the ownership of your property ever comes into question, an owner’s title insurance policy protects you from expensive legal problems that could result in the loss of your home.

How Title Insurance Works

As property changes hands, mistakes, and irregularities – often made long before you expressed interest in the property – can place your ownership in dispute. The seller may have …
A voided disclosure of using the property as collateral for an unpaid loan. Fraudulently claimed to be the sole owner. Failed to pay real estate taxes.

Even a simple mistake in the recording of legal documents, improper execution of legal instruments or the reappearance of undisclosed or missing heirs can result in the loss of your home.
Protect Yourself and Your Family with the Security of Owner’s Title Insurance We diligently search public records for documents associated with the property and provide you with an expert, interpretive view of the impact of all recorded matters on the property’s title.

If our title search reveals recorded defects, liens or encumbrances upon the title, such as unpaid taxes, unsatisfied mortgages, easements, restrictions or other impediments, these are reported to you prior to your purchase of the property. What’s more, we offer solutions to resolving these impediments, so you own your property free and clear at closing.

Your partner in success of others…strategy in motion!

Mark Spurbeck
Fidelity National Title
SVP ~ Strategic Accounts
[email protected]