December 19, 2019
Title insurance is a valuable form of insurance protection that protects both the homebuyer and the mortgage lender against possible financial losses attached to a new home. It covers the history of the policy-holder’s home, examines that history for any trouble spots that could damage the value of the home, and highlights the potential issues before the buyer's purchase. Some possible areas covered by title insurance are; liens, taxes, assessments, fraud on the chain of title, and mistakes in title records (to name a few). If any of the above issues are not discovered, it usually falls to the new homeowner to fix the problems, often at huge cost. If you have any questions about title insurance or think we could help, give the team at JF Realty, LLC a call!