Title Insurance

Once in awhile I would have a buyer that questions the costs/benefit of title insurance. You can take your chances of purchasing real estate without it. I would strongly advise against it. If your placing a mortgage on your property, your lender will insist on their coverage. Title insurance will protect yourself from financial loss in the event regarding the rights of ownership. For instance if someone did not sign the deed during the chain of ownership, or someone signed a deed that was not the owner of the property. Title insurance will pay the costs to defend you against a covered claim. You need to have a owner's policy to protect your interest. Most Real Estate attorneys can conduct closings as well as a Title insurance company. If you need more info on this topic feel free to contact me at: findit@LehighValleyRealty.com