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Insurance >The Purpose of Title Insurance
When you finance a home through a lender, you will be required to purchase title insurance to cover the amount of your mortgage loan. At the closing you will be given the option to buy additional coverage to protect your investment.
Before the closing, the title company will order a title report to make sure the sellers actually own the home and that no one else has a legal interest in the property. This process will identify any potential title problems or liens. Title insurance covers you against any future claims that did not appear on the title report. It is a one-time charge that you pay at the closing of the transaction, and it covers your future equity up to a stated maximum amount as your property increases in value. It's a small price to pay to protect such a major investment.
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During what months of the year do most people move from one home to another?
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Most moves occur between the months of May and September. |
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The Croney Team RE/MAX Masters 425 East Southlake Blvd. Southlake, TX. 76092 Nancy Croney: 817-781-9464 Jocelyn Croney-Sandruck: 817-781-9463 Fax: 817-488-4768 Email: Nancy@CroneyTeam.com
The Croney Team is a family team and together have over 35 years of real estate experience. We've been voted "Best Realtors in Dallas" by D Magazine and we'd like the opportunity to show you why. Our goal is to provide our clients with knowledge and care that exceeds their expectations. Call us today about our services. 
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