Title Insurance = Peace of Mind

	Are you looking for a new mortgage? We'd be thrilled to answer your questions about your mortgage needs! Call us at 305-967-7200. Want to get started? Apply Here.

Buying a home will likely be the biggest investment you make in your lifetime. So before you close, you need to know that no one else can claim the property.

A title company ensures that your new property won't surprise you with expensive encumbrances and other legal obstacles.

For a modest, one-time title insurance premium, you will receive continuous title insurance protection equal to the purchase price of the property or its current market value.

The title company searches the title history of the property. The title insurance company can almost always identify any title problems and have these problems cleared-up prior to closing.

Real Estate law is extraordinarily complicated. Title companies make sure that all the T's are crossed and all the I's are dotted so you don't end up with a clouded title and legal problems. Your title insurance owner's policy will describe the property and outline any recorded limitations on your ownership. It will also set forth the title insurance company's responsibilities should any claim covered by the policy terms arise. Title insurance covers the following:

• Contested title — This usually happens when someone who owned or even lived in the home before you claims to still hold an interest. In this case, the title company will defend the title and will cost you nothing.
• Defective title — "Defective title" covers any number of problems with the title to your home. It can even include a "contested title". Other examples of title defects include problems with legal access to the property, easements that make the property less usable, unusable, or unsaleable. Any number of other complex problems define "Defective title." The title company will find these problems, or if they miss them, protect you from financial loss - up to the amount of the policy.

U.S.A. Lending, Inc. can answer questions about title insurance and many others. Call us at 305-967-7200.