Why do I need Title Insurance anyway?

Did You Know?

The American Land Title Association says title problems are found in 36% of all residential real estate transactions, including new and resale home purchases and refinances. That's up from only 25% in 2000!

Why the Seller Needs It

Any prospective buyer will need evidence that his investment in your property is free of title defects. In fact, your contract of sale probably requires it. The title insurance policy that you provide the buyer is a guarantee that you are selling a clear title to your real estate, unencumbered by any legal attachments that might limit or jeopardize ownership. The Select Title name carries special authority: it reassures your buyer that the title has passed the most careful scrutiny. In addition, it can help your deal close more quickly and easily.

Why the Buyer Needs It

Without a title insurance policy, you may not be fully protected against errors in public records, hidden defects not disclosed by the public records, or mistakes in examination of the title of your new property. As a result, you may be held fully accountable for any prior liens, judgments or claims brought against your new property. However, your policy insures that if such an occasion arises, you will be defended free of charge against all covered claims and paid up to the amount of the policy to settle valid claims. With a title insurance policy from Select Title, backed by our vast resources, you need never worry that your new property's history will tarnish your bright future.

What should you look for in your Title Company?

Click here to see some important qualifications.