Title insurance plays a major role in making certain home ownership is safe and secure.
The Title Insurance Company protects against loss due to any defect in title, and in the event a problem should arise, it's the Title Company's obligation to provide legal support. A reputable Title Insurance Company offers reliable purchasing information, insight into historic matters of importance, and the security of a state licensed and regulated company. Unlike most material purchases, paying money for real estate and receiving a deed to property does not assure the buyer of a free and clear title. According to real property laws, once settlement is final, the buyer is financially responsible for any valid claims made against his or her property. This means that any unsettled matters involving the property and past owners becomes the current owner's problem.