Purchasing a new home or a piece of property can be one of the biggest decisions anyone ever has to make in their lifetime. Many people think that buying property is always legitimate with no faults attached to the sale, but this is not true. Like used cars, there are many individuals out there who are honest and trustworthy, but there are also just as many people who sell automobiles with problems attached to them. This is why it is important for a buyer to have title insurance and potentially hire the assistance of a title insurance attorney. Spring Hill residents who have this insurance will be protected if anything inaccurate.
Why do I need Title Insurance?
The short answer is you do not need title insurance, but it would be much better if a new home buyer had it. Title insurance only has to be paid for once, and it will remain in effect until you decide to sell your home. When dealing with purchasing a piece or property or a home, there is a chance that a document was forged or a situation where a lost heir comes forward to claim your real estate as their own. With the help of a title insurance attorney, Spring Hill residents who would have a scenario like these can be protected because they have purchased title insurance.
Do I Need an Attorney for This?
An attorney is not needed to purchase a new piece of property or home but it could be more beneficial to the individuals because they have a lot to offer. With a title insurance attorney, Spring Hill residents can check on the validity of the current title of a property they are interested in. They can review any title searches and examine a title insurance policy of a property in question. It would be important to hire the assistance of a title insurance attorney if you are involved with another party over a title dispute and you need representation.
*Disclaimer: The views expressed here are those of the authors and do not necessarily represent or reflect the views of Jhonston & Sasser, P.A*