What is Title Insurance?

[vc_row][vc_column][vc_column_text]One of the terms you will encounter when going through the home buying process will be Title Insurance. So, what is it?

Investopedia defines title insurance as, “a form of indemnity insurance that protects the holder from financial loss sustained from defects in a title to a property. The most common type of title insurance is the lender’s title insurance, in which the borrower purchases coverage only to protect the lender.”

Here’s a great video that goes through exactly what it is and why it’s a necessary element of a prudent home-buying experience.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_video align=”center” link=”https://www.youtube.com/watch?v=uBrLHknUJho”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]If you have any questions or concerns regarding title insurance, please don’t hesitate to reach out to us.[/vc_column_text][/vc_column][/vc_row]