title world

Title insurance is indeed a process,

relatively short with the insurance policy being the end product. It begins with a thorough search of public records to establish if any liens or other encumbrances are enclosed to the title. During the course of said search, detailed information is collected and examined, thus including tax records, court judgments, deeds, and an assessment of whether the property characteristics are correctly reflected by the information on the title. Evidently, one in four title searches unveils problems that must be amended prior to closing.

Many buyers of real estate property are misled by their real estate agent or broker to disregard acquiring a title insurance policy and falsely claim it as an “unnecessary expense” in the transaction. Such advice and action could turn out to be incorrect, very risky and costly over the long-term.

Title insurance is meant to protect you along with your mortgage lender against loss or damage of the property therefore financially protecting you against any title claims on your home covering past title problems that come up after you buy or refinance a property.

The price of title insurance is a modest amount to pay for a lifetime of protection. It is a one-time cost incurred at closing with no ongoing charge which includes all legal fees and court costs should an action be brought either on your behalf or against you due to an insured title defect or encumbrance that can cost thousands in fees without title insurance and complicated legal issues to fix.

Title World, LLC delivers a wide-scale of title and closing services. The expertise of our personnel distinguishes us in resolving title-related problems with closing fees and overall costs that are competitive and less than other title agencies.