Title insurance protects you from financial loss due to problems with a property’s ownership history. Before closing, the title company will do a deep search to ensure the seller legally owns the home—but even the best searches can miss things like:

• Undisclosed heirs

• Forged signatures

• Recording errors

• Unpaid taxes or liens

There are two types:

• Owner’s Policy – protects you, the buyer

• Lender’s Policy – protects your mortgage lender

This one-time cost provides peace of mind that no one will come knocking later claiming ownership of your home. It’s a small investment that can save you from major headaches.