Question 1

What is a Title?

Accepted Answer

A title is your ownership right to your property.

Question 2

What is a Title Search?

Accepted Answer

A title search is a standard part of the home buying process that is conducted to uncover issues that could prevent your right to the property. Your closing agent reviews public records to see if there are problems or defects that could cause you legal issues.

Question 3

What is Title Insurance?

Accepted Answer

If you’re buying a home, title insurance is a policy that protects your investment and property rights.

Question 4

Why Should I Purchase Owner’s Title Insurance?

Accepted Answer

Purchasing owner’s title insurance is a smart decision because it’s the best way to protect your property from future legal claims.

Question 5

What Does Owner’s Title Insurance Cost?

Accepted Answer

The one-time payment for owner’s title insurance is low relative to the value of your home. The typical owner’s title insurance policy costs around 0.5% of the home’s purchase price.

Question 6

How Long am I Covered?

Accepted Answer

Your owner’s insurance policy lasts as long as you or your heirs own your property. Your life will change over time, but your peace of mind never will.

Question 7

What Happens at Settlement?

Accepted Answer

You sign the legal documents and receive the keys to your home.