Both the buyer and seller of the real property want to deal, from escrow through the closing process, are smooth with minimum cost in terms of time, money and legal problems.

Buyers want the assurance that they are the correct degree holders and that if others claim the property, they have the means and resources to protect the investment costs and other costs of defending the title.

You must get title insurance and settlement services from the title insurance company when you buy a home or property. It protects you and your lender from a loss if the property ownership disputes occur.

Title insurance company searches public records such as deeds, claims, liens, and tax records to ensure there are no glitches in the possession of the title and the history of the property you are purchasing.

 A title insurance policy guarantees the buyer against legal claims to the title of ownership or other property purchased. Title insurance is required of each property that was financed through a lender.

The fee for title insurance is usually included in the details of your closing charges from your lender, and it is a one-time fee. If a problem should occur in the future, the term defines policies enclosed and excluded losses.

This policy came into force on disability issues and blankets that arise before your ownership. By law, your lender must provide policies for you within a reasonable time after it is issued.