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Why Do You Need Title Insurance?

So what is title insurance, and why is it important to have it? It’s a misconception that since you don’t hear a lot about it, that it’s not important to have. But nothing could be further from the truth.

Most real estate transactions go well, without any problems. The person that is purchasing the property does a search on the title and sees that there aren’t any problems with it, so they go ahead with the purchase. But then something unexpected comes up, and the ownership of the title is contested.

That is why you need to have title insurance for your property. There is always the chance that the ownership of the title is going to be contested in some way, or the chance that something will go wrong.

Some examples of things that can go wrong are: title insurance

1. Forged signature on the title.
2. An heir claiming ownership of property
3. Mistakes that are in public records.


 

Why Do You Need Title Insurance? Image When you have title insurance, it protects you against these three things and anything else that might come up with regards to possible title hazards.

Susan Polan knows how important it is to find a Palm Beach, Florida Real Estate specialist that can handle the transaction from beginning to end with expertise, efficiency and success. It is her desire to provide buyers and sellers interested in the Palm Beach Real Estate market helpful articles and information that can make their Palm Beach lifestyle a reality. Susan also knows that buying a home is much more than the home itself, so please enjoy this and other articles on this web site along with the most current information regarding homes for sale and that have sold in Palm Beach. Read on to find out more about relocation to the city of Palm Beach to begin living in the Palm Beach Lifestyle!

Something that doesn’t come up very often when you are discussing the purchase of a house, and something that a lot of people don’t think about is, is title insurance. There are a lot of people who don’t know about it, and therefore don’t know about the protection that it can offer.

Susan Polan understands that specialized needs of the wealthiest buyers and is the right choice to help you buy or sell a home in Palm Beach, Florida.

Susan Polan, PA, TRC, CIPS
Licensed Real Estate Professional

Illustrated Properties Real Estate Inc. Web Site

561-222-0755 Direct
561-366-1121 Office


EMAIL Me

249 Royal Palm Way, Suite 301
Palm Beach, Florida 33480
www.SusanPolan.com

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