Title insurance is a safety net procedure offered by law firms and attorneys to individuals looking to purchase a new home or other form of real estate. When you hire a title insurance attorney, Brooksville home buyers are protected from the possibility that the seller does not have free and clear ownership of the house and property.
To obtain title insurance, your closing agent will launch the process of getting your title insured soon after your purchase agreement is signed. There is also a one time fee the depends on the state and the real estate.
In the most extreme case, the seller of a home or property knowingly trying to sell you something that they do not even own. There are even cases where people who rent a home try to sell it to you. With the help of a title insurance attorney, Brooksville residents would not be liable for purchasing a home that was not even in the right place to be sold. If someone did not have title insurance, they would be responsible for any changes that would be required to put it back to its pre-sold condition.
A title insurance attorney is responsible for checking the integrity of the title for the property or real estate in question because of reasons like this. When someone hires a title insurance attorney, Brooksville residents are protected from liability of defects in the title.
Before you go and invest money and time in a new home, be sure to hire a title insurance attorney to make sure the seller’s title is legitimate, and all of your efforts are not for nothing.
In most cases title insurance in not needed, but on the off chance it is, the buyer wishes they would have had it.
*Disclaimer: The views expressed here are those of the authors and do not necessarily represent or reflect the views of Jhonston & Sasser, P.A*