{"id":4545,"date":"2022-09-14T12:46:52","date_gmt":"2022-09-14T12:46:52","guid":{"rendered":"https:\/\/cloud03.titletapsites.com\/testblog\/?p=4545"},"modified":"2022-10-14T13:13:35","modified_gmt":"2022-10-14T13:13:35","slug":"title-insurance","status":"publish","type":"post","link":"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/title-insurance\/","title":{"rendered":"What is title insurance and what does it protect you from?"},"content":{"rendered":"

To many home buyers and sellers alike, the land title insurance business is sort of a \u201cblack box\u201d where most don\u2019t understand how it works and why title insurance is important.<\/p>\n

In this post, we\u2019ll attempt to shed some light on the amount of work that goes into making sure a property, whether it is commercial or residential is able to be purchased and what the purpose of title insurance is in the first place.<\/p>\n

What is a title agent and what do we do?<\/h2>\n

First it is important to understand what a title agent is in the first place. Title agents, escrow agents, closing agents, and real estate attorneys work to ensure that buyers are protecting their property rights.<\/p>\n

Prior to closing on a home or property, we verify and examine legal documents that pertain to the property for purchase to ensure there are no liens or encumbrances on the property. This process can be complex and time consuming, but ensures it can legally be transfer into the new owner\u2019s name.<\/p>\n

What types of things might prevent one from being able to purchase a property?<\/h2>\n

We have to examine public and private records for liens, unpaid tax issues, unpaid child support, ownership disputes between previous owners, forgery, fraud, and even parking tickets.<\/p>\n

As you can imagine, there isn\u2019t a single source for this information, and where to find it will differ between states, counties, and cities.<\/p>\n

What is Title Insurance?<\/h2>\n

After the search is completed, we offer what\u2019s called an \u201cOwner\u2019s Title Insurance Policy\u201d which helps protect the homeowner\u2019s property ownership should something show up on the property that wasn\u2019t found in the search.<\/p>\n

A \u201cLender\u2019s Title Insurance Policy\u201d (also known as a \u201cLoan Policy\u201d) is something similar that lenders often require when there is a loan on the property being purchased and protects them the same way it protects you.<\/p>\n

Both the Owner\u2019s and Lender\u2019s policy is a one-time fee and protects you as long as you own the home, so it is usually a smart idea to purchase it when offered to you by a licensed title company, escrow company, closing company, settlement agent, or attorney – depending on who can handle real estate closings in your state<\/a>.<\/p>\n

Title Insurance Frequently Asked Questions<\/h2>\n
    \n
  1. Should I Buy a Bigger House or Build an Addition?<\/a><\/li>\n
  2. What Does a Professional Home Stager Really Do?<\/a><\/li>\n
  3. How School Zones Affect Home Buying<\/a><\/li>\n
  4. Loan Officers, Underwriters, and Mortgage Brokers \u2013 Who\u2019s Who?<\/a><\/li>\n
  5. Do I Need a Survey When Buying a Property?<\/a><\/li>\n
  6. What is a Loan Payoff Letter?<\/a><\/li>\n
  7. What is a Loan Commitment Letter?<\/a><\/li>\n
  8. Loan Commitment Letter vs Pre-Approval Letter<\/a><\/li>\n
  9. What is an example of a title insurance claim?<\/a><\/li>\n
  10. What Are The Top Questions To Ask A Mortgage Lender?<\/a><\/li>\n
  11. Title Insurance vs Property & Casualty Insurance<\/a><\/li>\n
  12. What Do I Bring To Closing?<\/a><\/li>\n
  13. Is title insurance transferable?<\/a><\/li>\n
  14. Why go to same title agent when refinancing?<\/a><\/li>\n
  15. What is a closing agent?<\/a><\/li>\n
  16. What is a closing protection letter?<\/a><\/li>\n
  17. What to look for in a title commitment?<\/a><\/li>\n
  18. What to look for in a title insurance policy?<\/a><\/li>\n
  19. Great reasons to sell your home<\/a><\/li>\n
  20. What is an ALTA Settlement Statement?<\/a><\/li>\n
  21. Who can handle a real estate closing in your state?<\/a><\/li>\n
  22. What is a promulgated rate in title insurance and what states have promulgated rates?<\/a><\/li>\n
  23. What is a filed rate in title insurance and which states have filed rates?<\/a><\/li>\n
  24. In which states are title insurance rates \u201cnot filed\u201d and what does it mean?<\/a><\/li>\n
  25. Understanding your Closing Disclosure (CD) when purchasing a home, and how it differs from an ALTA Settlement Statement<\/a><\/li>\n<\/ol>\n

    Do you have any questions about an upcoming real estate transaction? Give us a call today<\/a>!<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

    To many home buyers and sellers alike, the land title insurance business is sort of a \u201cblack box\u201d where most don\u2019t understand how it works and why title insurance is important. In this post, we\u2019ll attempt to shed some light on the amount of work that goes into making sure a property, whether it is […]<\/p>\n","protected":false},"author":13,"featured_media":4547,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[46,45,44],"tags":[5,6,9,33],"class_list":["post-4545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-settlement-services","category-title-escrow","category-title-insurance","tag-home-buyer","tag-home-seller","tag-title-insurance","tag-title-insurance-agency"],"yoast_head":"\nWhat is title insurance and what does it protect you from? - Test Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/title-insurance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is title insurance and what does it protect you from? - Test Blog\" \/>\n<meta property=\"og:description\" content=\"To many home buyers and sellers alike, the land title insurance business is sort of a \u201cblack box\u201d where most don\u2019t understand how it works and why title insurance is important. In this post, we\u2019ll attempt to shed some light on the amount of work that goes into making sure a property, whether it is […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/title-insurance\/\" \/>\n<meta property=\"og:site_name\" content=\"Test Blog\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-14T12:46:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-14T13:13:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cloud03.titletapsites.com\/testblog\/wp-content\/uploads\/sites\/21\/2022\/09\/Title-Insurance-Blog-Headers-1080-\u00d7-675-px-2.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"irina\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"irina\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/title-insurance\/\",\"url\":\"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/title-insurance\/\",\"name\":\"What is title insurance and what does it protect you from? - Test Blog\",\"isPartOf\":{\"@id\":\"https:\/\/cloud03.titletapsites.com\/testblog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/title-insurance\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/title-insurance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cloud03.titletapsites.com\/testblog\/wp-content\/uploads\/sites\/21\/2022\/09\/Title-Insurance-Blog-Headers-1080-\u00d7-675-px-2.jpeg\",\"datePublished\":\"2022-09-14T12:46:52+00:00\",\"dateModified\":\"2022-10-14T13:13:35+00:00\",\"author\":{\"@id\":\"https:\/\/cloud03.titletapsites.com\/testblog\/#\/schema\/person\/87ec4aacb7c0f9feefefe77c4183434b\"},\"breadcrumb\":{\"@id\":\"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/title-insurance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/title-insurance\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/title-insurance\/#primaryimage\",\"url\":\"https:\/\/cloud03.titletapsites.com\/testblog\/wp-content\/uploads\/sites\/21\/2022\/09\/Title-Insurance-Blog-Headers-1080-\u00d7-675-px-2.jpeg\",\"contentUrl\":\"https:\/\/cloud03.titletapsites.com\/testblog\/wp-content\/uploads\/sites\/21\/2022\/09\/Title-Insurance-Blog-Headers-1080-\u00d7-675-px-2.jpeg\",\"width\":1080,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/title-insurance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cloud03.titletapsites.com\/testblog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What is title insurance and what does it protect you from?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cloud03.titletapsites.com\/testblog\/#website\",\"url\":\"https:\/\/cloud03.titletapsites.com\/testblog\/\",\"name\":\"Test Blog\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cloud03.titletapsites.com\/testblog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cloud03.titletapsites.com\/testblog\/#\/schema\/person\/87ec4aacb7c0f9feefefe77c4183434b\",\"name\":\"irina\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cloud03.titletapsites.com\/testblog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ff3fae4cbef2508a0606d6909639e825ff6c2f9ee258459e56b83b5043435002?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ff3fae4cbef2508a0606d6909639e825ff6c2f9ee258459e56b83b5043435002?s=96&d=mm&r=g\",\"caption\":\"irina\"},\"url\":\"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/author\/irina\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What is title insurance and what does it protect you from? - Test Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/title-insurance\/","og_locale":"en_US","og_type":"article","og_title":"What is title insurance and what does it protect you from? - Test Blog","og_description":"To many home buyers and sellers alike, the land title insurance business is sort of a \u201cblack box\u201d where most don\u2019t understand how it works and why title insurance is important. In this post, we\u2019ll attempt to shed some light on the amount of work that goes into making sure a property, whether it is […]","og_url":"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/title-insurance\/","og_site_name":"Test Blog","article_published_time":"2022-09-14T12:46:52+00:00","article_modified_time":"2022-10-14T13:13:35+00:00","og_image":[{"width":1080,"height":675,"url":"https:\/\/cloud03.titletapsites.com\/testblog\/wp-content\/uploads\/sites\/21\/2022\/09\/Title-Insurance-Blog-Headers-1080-\u00d7-675-px-2.jpeg","type":"image\/jpeg"}],"author":"irina","twitter_card":"summary_large_image","twitter_misc":{"Written by":"irina","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/title-insurance\/","url":"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/title-insurance\/","name":"What is title insurance and what does it protect you from? - Test Blog","isPartOf":{"@id":"https:\/\/cloud03.titletapsites.com\/testblog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/title-insurance\/#primaryimage"},"image":{"@id":"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/title-insurance\/#primaryimage"},"thumbnailUrl":"https:\/\/cloud03.titletapsites.com\/testblog\/wp-content\/uploads\/sites\/21\/2022\/09\/Title-Insurance-Blog-Headers-1080-\u00d7-675-px-2.jpeg","datePublished":"2022-09-14T12:46:52+00:00","dateModified":"2022-10-14T13:13:35+00:00","author":{"@id":"https:\/\/cloud03.titletapsites.com\/testblog\/#\/schema\/person\/87ec4aacb7c0f9feefefe77c4183434b"},"breadcrumb":{"@id":"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/title-insurance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cloud03.titletapsites.com\/testblog\/blog\/title-insurance\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/title-insurance\/#primaryimage","url":"https:\/\/cloud03.titletapsites.com\/testblog\/wp-content\/uploads\/sites\/21\/2022\/09\/Title-Insurance-Blog-Headers-1080-\u00d7-675-px-2.jpeg","contentUrl":"https:\/\/cloud03.titletapsites.com\/testblog\/wp-content\/uploads\/sites\/21\/2022\/09\/Title-Insurance-Blog-Headers-1080-\u00d7-675-px-2.jpeg","width":1080,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/title-insurance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cloud03.titletapsites.com\/testblog\/"},{"@type":"ListItem","position":2,"name":"What is title insurance and what does it protect you from?"}]},{"@type":"WebSite","@id":"https:\/\/cloud03.titletapsites.com\/testblog\/#website","url":"https:\/\/cloud03.titletapsites.com\/testblog\/","name":"Test Blog","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cloud03.titletapsites.com\/testblog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cloud03.titletapsites.com\/testblog\/#\/schema\/person\/87ec4aacb7c0f9feefefe77c4183434b","name":"irina","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cloud03.titletapsites.com\/testblog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ff3fae4cbef2508a0606d6909639e825ff6c2f9ee258459e56b83b5043435002?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ff3fae4cbef2508a0606d6909639e825ff6c2f9ee258459e56b83b5043435002?s=96&d=mm&r=g","caption":"irina"},"url":"https:\/\/cloud03.titletapsites.com\/testblog\/blog\/author\/irina\/"}]}},"_links":{"self":[{"href":"https:\/\/cloud03.titletapsites.com\/testblog\/wp-json\/wp\/v2\/posts\/4545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cloud03.titletapsites.com\/testblog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cloud03.titletapsites.com\/testblog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cloud03.titletapsites.com\/testblog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/cloud03.titletapsites.com\/testblog\/wp-json\/wp\/v2\/comments?post=4545"}],"version-history":[{"count":7,"href":"https:\/\/cloud03.titletapsites.com\/testblog\/wp-json\/wp\/v2\/posts\/4545\/revisions"}],"predecessor-version":[{"id":4603,"href":"https:\/\/cloud03.titletapsites.com\/testblog\/wp-json\/wp\/v2\/posts\/4545\/revisions\/4603"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cloud03.titletapsites.com\/testblog\/wp-json\/wp\/v2\/media\/4547"}],"wp:attachment":[{"href":"https:\/\/cloud03.titletapsites.com\/testblog\/wp-json\/wp\/v2\/media?parent=4545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cloud03.titletapsites.com\/testblog\/wp-json\/wp\/v2\/categories?post=4545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cloud03.titletapsites.com\/testblog\/wp-json\/wp\/v2\/tags?post=4545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}