Title Insurance and What It Is

The word insurance is common as we have it on our cars, houses, etc. But what exactly is title insurance and why is it such a big benefit to home buyers? First, it is important to understand what title is when it comes to the purchase of a property. Before buying, a title company will basically take a look at the properties past to see if there are any liens on the place. Many different people can place a lien on a home so this step is very important in order to get clean title. As an agent, having anything on title that can cause future issues for clients is a huge issue. Why not suggest to your clients that they purchase title insurance? Title insurance provides home owners with this twofold protection and helping owners and agents feel comfortable moving forward. Find out more about this valuable type of insurance below!