The Puckett TeamROCK SOLID SERVICE SINCE 1999
Five Things to Understand about Title Insurance
It protects your ownership right to your home both from fraudulent claims against your ownership and from mistakes made in earlier sales, such a mistake in the spelling of a person’s name or an inaccurate description of the property.
It’s a one-time cost usually based on the price of the property.
It’s usually paid for by the sellers.
There are both lender title policies, which protect the lender, and owner title policies, which protect you. The lender will probably require a lender policy.
Discounts on premiums are sometimes available if the home has been bought within only a few years since not as much work is required to check the title. Ask the title company if this discount is available.
Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS®. Copyright / All rights reserved.
Click here for printer-friendly format
Call ANYTIME to See ANY house on the market!
1300 Gause Bvd Suite C1 Slidell, LA 70458 USA
Broker & Associate Licensed in Louisiana and in Mississippi(Jeff Puckett)
Licensed by the Louisiana Real Estate Commission and
The Mississippi Real Estate Commission(Jeff & Pam Puckett)