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Real Estate Tips
Insurance >The Purpose of Title Insurance

When you finance a home through a lender, you will be required to purchase title insurance to cover the amount of your mortgage loan. At the closing you will be given the option to buy additional coverage to protect your investment.

Before the closing, the title company will order a title report to make sure the sellers actually own the home and that no one else has a legal interest in the property. This process will identify any potential title problems or liens. Title insurance covers you against any future claims that did not appear on the title report. It is a one-time charge that you pay at the closing of the transaction, and it covers your future equity up to a stated maximum amount as your property increases in value. It's a small price to pay to protect such a major investment.

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Real Estate Trivia
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What vast and beautiful territory is named with an Indian word meaning "Big Village"?

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Canada
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Brian Guffey & Associates, REALTOR®, real estate agent and broker for Atlanta Buckhead, Atlanta Ansley Park and Atlanta Midtown, Georgia home listings, property and land for sale - NUMBER1EXPERT(tm)

Brian Guffey & Associates
Keller Williams Realty Atlanta Midtown

1420 Peachtree St., Suite 100
Atlanta, GA 30309
404-636-0995
Fax: 404-636-0031
Brian@BrianSellsAtlanta.com


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