What is title insurance?
The title is your proof of ownership of your home. Each time a home is sold the title is transferred from the seller to the buyer. Titles are recorded at the court house and are public record. Title insurance protects both the seller and the buyer against mistakes or defects in the current or previous title transfers. It’s a small price to pay for peace of mind.
Thanks for the post Steve. I love the huntsville al area, and have had one of my computer engineering clients move there about 6 years ago. I talked to him a couple of months ago and he said he really loves it there.
Steve, title insurance is definitely valuable and it is vital the buyer keep up with the policy by keeping it in a safe, etc. I had a Seller recently avoid paying for a lien (from the previous owner) on her home when it sold because she was able to produce a copy of her owner's insurance policy.
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