* subject to certain limitations set forth in the policy.
Claims to Ownership
Would you ever think you could lose your home because another person legally has a right to it? That thought might never cross your mind but perhaps it should. Your Owner’s Title Policy can protect you from forged deeds, undisclosed heirs in an estate or even defective Deeds to name a few.
Liens, Mortgages or Other Financial Losses
Title insurance is a means of protecting yourself from actual financial loss due to possible liens from the previous owner or unsatisfied mortgages. We will make sure that you have clear title before you close.
But The Lender Already Requires Title Insurance. Won’t That Protect Me?
No. There are two types of title insurance. A Lender’s Policy only insured your lender that the mortgage it gave you is a valid first lien ont he property. Most lenders require this type of insurance and will typically require you to pay for it. Your Owner’s Policy, on the other hand, protects your ownership interests in the property. Your policy defends you against any covered claims. If you are going to defend your lender, why not defend yourself?
Q. Should I shop around for the best title insurance deal?
A. Absolutely! While the State of Florida closely regulates rates, every title company charges a little different for their fees. So we encourage you to obtain quotes.
Q. Can my title company handle the settlement?
A. Yes! We are fully prepared to work with you from the beginning of your transaction all the way to its conclusion.
Q. How do I choose a title insurance agent?
A. Do your homework. Verify the agent is in good standing with their licenses. Ask for a copy of their Errors and Omissions Insurance. Lastly, speak to your title agent and get to know them to determine their knowledge.