Title Insurance - Is it important?

Real Estate Agent with Joy Daniels Real Estate Group, Ltd.

Many Buyers do not understand Title Insurance.  When we are representing Buyers, it is important to help Buyer's understand the significance of title insurance in the home buying process.  It's important they realize that it's not just a "wasted" cost.  

 A title company serves two main functions in the real estate transaction.

  1. A title company facilities the purchase by managing the numbers and settlement paperwork, then disbursing the funds at closing. 
  2. Performing a title search and issuing a title insurance policy is a title company’s second function. When you borrow money, the lender requires a lender’s title insurance policy

Title insurance is a type of insurance policy meant to protect home buyers, as well as lenders, from any damages or losses caused by a bad title.  Did you know about 25% of all real estate transactions have issues with title?

The cost of title insurance may varies and is based on the price of the home.  Your client may never need title insurance, but they will be glad to have it if they do find themselves with a title issue!

Even if not required, I wouldn't buy a home without it!

Posted by


Joy Daniels, GRI, ABR, CSP, e-PRO
2793 Old Post Road, Suite 200
Harrisburg, PA  17110

(717) 695-3177  office - Call TODAY and let me help you find your dream home!


Joy@JoyDaniels.com - Email TODAY and let me help you find your dream home!

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Comments (4)

June Piper-Brandon
Coldwell Banker Residential Brokerage - Ellicott City, MD
Piecing Dreams One Home at a Time

I would never recommend anyone buy a home without title insurance.  I had an investor one time who thought he knew better and bought a home without title insurance because it had been owned by the same family since it was built.  There were some outstanding mechanics liens that didn't show up and not spending the $800 or so on title insurance cost him thousands more.

Apr 26, 2022 09:56 AM
Joy Daniels
Joy Daniels Real Estate Group, Ltd. - Harrisburg, PA

That's a great TRUE story that shares that importance of Title Insurance.  Thanks for sharing it June Piper-Brandon 

May 11, 2022 07:53 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Joy - I bought a house in Florida for cash and I insisted on full title insurance.

May 12, 2022 03:11 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Joy here in California you can not close without Title Insurance if you are represented by a Realtor... only transactions that are done between family member and not using a Grant Deed... can go without Title Insurance, Endre

May 26, 2022 11:10 PM