Questions About Title Insurance & Services?
What is Title Insurance?
Title insurance protects you from events which may have happened in the past. Common losses could be records that were misplaced in the courthouses, boundary disputes, unpaid taxes, and hidden defects in the title like missing heirs, forgery, fraud and other items which do not show up in the most exhaustive title searchs. Trust Assurance First to be the most thorough and detailed for your assurance!
When Do I Need Title Insurance?
If you are a current home owner or a potential home owner and you are obtaining financing, you will be required by your lender to have Title Insurance. If you are purchasing a property and not obtaining financing, it is still a good idea to get an in-depth title search and title insurance on the property. Contact Assurance First to find out more information about the necessity and benefits of title insurance.
Are There Different Types of Title Insurance?
Yes. There are two types of Title Insurance: an Owner's policy and a Lender's policy. For each of these types of insurance, there are enhanced policies with even more protection. Contact Assurance First to find out more information about how you can be best protected.
Do I Need to Have a Title Agent Conduct My Settlment?
It is a good idea to have a licensed title agent conduct your settlement. You can choose which company you would like to use. You are not required to use any specific company, regardless of who is originating your financing. So it is a good idea to call a few companies and ask questions. Call Assurance First to find out more.