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Realtor View: Title Insurance Safeguards Against Unforeseen Problems
December 6, 2013
At some point during your home-buying process, the topic of title insurance is likely to come up. As with most types of insurance, title insurance is better to have and not use than to be needed and unavailable. But what is it, why do you need it and how does it work?
Title Insurance Saves Missouri Family's Home from Foreclosure
August 22, 2013
A couple purchased a home from their landlord, who had taken out a $419,000 loan to purchase the property along with several other properties. The lien was missed during the title search, so the lender paid the landlord instead of paying off the lien. Despite making their payments, the bank sent a letter saying the home would be auctioned. Because the couple purchased an Owner’s Title Insurance Policy, the title company paid the lien and the husband and wife kept their home.