There are so many things to consider when you are going to purchase your first home. Not only are you trying to cross items off of your wish list: 2 car garage, farm house sink, spacious back yard, but what about the important thing on your list to get the keys? One of the important items on that list should be title insurance. If you are far into the buying process you have heard this term being thrown around before, however; if you are new or just beginning your buying process this may be a term you have never heard it.

Let’s go through the basics of what title insurance is and who needs it:
Who: There are two parties involved when dealing with title insurance. There is the title company as well as the new owner of the home.
What: Title Insurance is a transaction to search within the property records to ensure that there have not been any errors or mistakes in records involved with the property. That can be anything from previous deeds to heirs.
Where: This type of transaction takes place in various areas, due to the process that ensues.
When: This process happens before any other documents are signed in order to protect the assets of the home.
Why: This step is crucial in order to protect the parties that are purchasing the property.

If you are in need of title insurance, contact us today to learn more about quotes and various title insurance companies!