Many people find themselves asking, "What is title insurance and why do I need it?" Title insurance is a crucial indemnity to obtain prior to the home-buying process. Purchasing a home is one of the biggest financial decisions of anyone's life. Title insurance was created to cover any underlying issues with a home or property title. It protects a buyer from a future loss based on a prior risk factor. To protect yourself from any feasible scenario including your property being challenged by someone else also claiming ownership, title insurance should be established.
Our title agency will run a title search to ensure the property has a free and clear history of ownership disputes, forgeries, back taxes, filing errors, liens, etc. Once a title search is performed, we will determine insurability and resolve any lingering issues on the title's history. The next step in our process is to update you on your current title status. Finally, it's closing time!
The next fact to know about title insurance in Florida specifically, is that all title companies are required to provide the same level of coverage at the same price so there is no need to "shop around."
This leaves you with the freedom to choose which title company is best for your specific needs. True Blue Title is focused on communication tailored to your expectations. We are an innovative company dedicated to our clients security needs for a smooth sailing transaction.
Why risk the most important financial decision of your life? Title insurance has you and your sanctuary covered.
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