Why Buy Title Insurance
When you buy a home, you want to be certain it's safely yours. But even the most diligent search of the public records could fail to disclose a number of title defects. These defects could include such things as forged wills or deeds, or a title transfer by someone under age, or a married person conveying real estate without his or her spouse. Other possibilities include fraudulent impersonations, secret marriages, undisclosed heirs, invalid divorces and false affidavits. These are just a few of the problems that can suddenly surface. Without the protection of title insurance, you'll be in jeopardy of losing your investment.
You can safeguard your investment against these and other "horrors" with an owner's title insurance policy. First, a service known as a title search describes, as well as possible, the condition and quality of the title to the land you are buying. Then, your title insurance protects you against mistakes or threats that might otherwise result in financial loss to you--including those hidden, unknown items. Your title insurance protection is a permanent assurance that your ownership and use will be defended promptly against claims at no cost to you, whether the claim is valid or not.