Real estate blog entries tagged with what is title insurance how much does it cost when buying a home is it needed on a refi by GetLoans.com

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Home : Blogs : Brian Martucci : Brian Martucci's Blog : Tag "what is title insurance how much does it cost when buying a home is it needed on a refi"

what is title insurance how much does it cost when buying a home is it needed on a refi: What Is Title Insurance? How Much Does It Cost When Buying A Home? Is It Needed On A Refi? - 04/05/10 07:28 PM

Title insurance is insurance against defects in title to real property. It is meant to protect an owner’s or lender’s financial interest in property against loss due to title defects, liens or other matter of public record. It will defend against a lawsuit attacking the title, or reimburse the insured for the actual monetary loss incurred, up to the dollar amount of insurance provided by the policy.
Just as lenders require fire insurance and other types of insurance coverage to protect their investment, nearly all institutional lenders also require title insurance to protect their interest in the collateral of loans … (0 comments)

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