Sometimes, there are problems with the title to a property that aren’t obvious when you buy the house. Title insurance can help fix the problem or pay for a loss. A real estate lawyer can help you choose insurance that’s right for you.
Windsor real estate lawyer John Corrent has over 40 years experience assisting local residents with the buying, selling, and mortgaging of real estate.
Home insurance protects the building you live in against risks like fire and floods. Title insurance protects your title. You only buy it once for the entire time you own your home. Title to a property is a bundle of Rights, things like the right to live there, access it, sell or mortgage it and leave it to your heirs. Sometimes, there are problems with title to a property and these aren’t always obvious when you first buy the house.
For example, buildings might cross the property line or the municipality could make you pay the former owners unpaid property taxes. Maybe you’ve heard about title or mortgage fraud. It doesn’t happen often but when it does, it can be expensive and time-consuming to fix. Title insurance can protect and help you. With title insurance, you can make A claim which may result in a fix for the problem or payment on your loss. Enjoy all the rights that come with being the owner of your home. Speak to your real estate lawyer about title plus title insurance today.