Title Insurance - Protect Your Investment

Real estate investment requires the best possible protection. Title insurance is just as important for you as it is for the lender. Along with offering accurate and complete title services, Advantage Title Agency stands behind its work. In the event of a claim against your property, you will be protected against loss resulting from any title risk covered by the policy (up to the policy amount).

How does it work?

Prior to your real estate transaction closing, the public records are searched to find all related official documents. These documents are then examined and form the basis of the title insurance policy. The examination reveals the current status of ownership and encumbrances, and it shows the current owner record. The record also shows the current limitations on that owner's property rights, such as outstanding mortgages and utility easements. Some of these limitations should be removed (like paying off and releasing a prior mortgage, for example), or they will continue to adversely affect the property after the closing.

Why do you need title insurance?

If the title status is cleared before you buy, why do you need title insurance? Even after the most careful research, some title flaws - such as forgery, fraud or confusion due to similar names - may surface at any time.

One simple word: Protection.

Your investment is protected against future claims by the title insurance policy which is issued after your transaction is complete. Policy terms and conditions determine the extent of coverage provided. This insurance policy insures the condition of title. Separate policies are usually issued to protect the owner's and the lender's interests.