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4 Reasons to Have Title Insurance

If you’re in the midst of buying a house or interested in becoming a homeowner, you may be looking at the number of different insurances you can buy to protect your home. But what about protecting the actual purchase of the home? Buying title insurance will do just that.  Title insurance protects the buyer, as well as mortgage lenders, against any issues or problems in the transfer of ownership of property. For example, if the seller was for some reason to not have full ownership of the house they were selling, and could not legally give you ownership of the property, title insurance would cover any losses or damages you may incur during the process.  Though the chances of filing a claim for coverage under title insurance is low, the amount you could lose without coverage is extremely high. Here are the top 4 reasons you should have title insurance and the things title insurance will protect you from:  Unreported Liens and Easements. People or agencies may have filed liens against a ho

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