When you buy a home, a title company researches the property’s ownership history to check for problems, such as liens or claims. This post is general information, not legal advice.
What title insurance does
Title insurance is a policy that can protect against certain covered issues with the property’s ownership history. Lenders usually require a policy that protects the loan, and buyers can often purchase one that protects their own interest as well.
What to do
- Review the preliminary title report your escrow officer provides
- Ask your escrow officer or title company to explain anything unclear
- Consult a real estate attorney for legal questions about title
Questions about an upcoming purchase? Contact me.
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