TST Tuesday Tip What Is Owners Title Insurance

Dated: 02/03/2015

Views: 541

TST Tuesday Tip! What is Owner’s Title Insurance?

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A basic owner’s title insurance policy protects you against problems with the title to your property that occurred before the date of the policy. This policy is separate from the lender’s title policy. You have to buy an owner’s title insurance policy if you want insurance against any defects in your property title that will affect your interest. Even though you may pay for lender’s title insurance, it does not specifically protect your interest.

Retrieved from www.consumerfinance.gov. http://www.consumerfinance.gov/askcfpb/164/what-is-owners-title-insurance.html. Photo courtesy freedigitalphotos.net

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Rayne Price

Holding a BS in Environmental Science, and MA in Education, real estate was not Shields Team Buyer Specialist Rayne Price's first career choice. It was only after encouragement from his wife and a cl....

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