Going to closing for a new home is a very exciting and memorable day. During the process, you will be signing a lot of paperwork, including information on title insurance.
A clean title means there are no liens or other claims on that title that could potentially cause legal issues for you down the road and in the long term. By having title insurance, you alleviate those potential issues that could potentially cost you a lot more money.
Besides giving you a clean title, title insurance has additional benefits you may not have thought of including:
Protecting you against title fraud and/or forgery. The last thing you want is someone trying to sell you a property that they don’t actually own. Having title insurance will make sure you are protected even if they go as far as forging title documents.
If there happen to be any title issues that occur during the purchase process, title insurance will also cover all the legal fees and costs associated with resolving those issues.
While exciting, the homebuying process can also very stressful. Having title insurance will offer that peace of mind so you have one less thing to be anxious about.
For additional questions on Title Insurance contact us Alliant Title & Escrow at 561-912-0922. We would be happy to help.