Skip to main content

What Is Title Insurance?

It feels good knowing both you and your home are protected with title insurance. 

What is title insurance? You may know that it protects your ownership, but what does that really mean, and how does that benefit you? Keep reading on as we get to the bottom of these questions. 

The function of title insurance is to protect your property ownership. What many do not understand about title insurance is that it is a fundamental part of homeownership that can save you thousands (even hundreds of thousands) of dollars in the long run. For example, you are required to have a clear title if you would like to sell your home in the future and get a return on your investment. Another example is that, without title insurance, it may be hard to decipher whether you truly own your title (surging title fraud has made this problem even more difficult). If you don't, you technically do not have any legal rights to your property. This makes you susceptible to blindsiding property loss at any given moment, which will ultimately result in some serious financial fallout. 

Without title ownership that has no strings attached -- this means no debt, no bankruptcy, no liens -- you are stuck in a constant cycle of what-ifs. Keep you, your finances, and your home safe and get in touch with a title insurance agent today. Title issues can be very complex without the help of  Southern Title. With over 30 years of experience, we have the proper skills to provide you with a sense of security during your title transactions. And, we're available all across Ohio, with offices in Mansfield, Wooster, Galion, and Sandusky. Give us a call at any of our offices to get started, and access contact information here. 
Labels:
Location: Mansfield, OH, USA

Comments

Post a Comment

Popular posts from this blog

The Difference Between Title Insurance and Homeowners Insurance

Title insurance and home insurance are often terms used together. However, they are two separate ideas. Because both title and homeowners insurance plans involve the home, you may have heard the terms used synonymously. And, although we understand the assumption that they are the same, they refer to two different things. Both are important for different reasons:  The main difference between homeowners insurance and title insurance is that one protects you against property damage, while the other protects your property ownership.  Homeowners insurance protects you against property damage. This protection includes any items inside your home. Property damage covers any possessions in the case of theft and even protects you in the event that an injury occurs to a guest inside your home. It does not protect you should a person claim to have title rights to your home, however.  Title insurance protects your property ownership. Title insurance does not cover infestations, fire d...
Post a Comment
Read more

The Benefits of Working with a Title Agency

  Acquire a secure and smooth title transaction for your new home with Southern Title of Ohio. You might think having a title agency on your side isn't necessary, but you'd be surprised by just how many little hiccups could come along in the process of homeownership. We've listed some of the ways we can assist you while encountering some of those hiccups:  Title Insurance Title insurance is especially useful in the event that the current owner of the home has a lien claim on the property due to substantial debt. Another reason title insurance is so beneficial is that the transaction process can be complex when family members and rightful heirs of the property are not notified. This could result in a complicated series of events and questions regarding who should claim the property, so it's good to trust a title agency like Southern Title for that extra layer of protection.  Title Search Services The title agency you choose to work with should offer extensive searches th...
Post a Comment
Read more

Stress Free Home-Buying

We know buying a home can be a stressful and lengthy process, but it doesn’t have to overwhelm you. It’s easy to let your emotions run wild when choosing a place to live and raise a family, but by understanding key steps to the home-buying process, you’ll make the best decisions for your home purchase. Here are some important factors to consider before purchasing a home : What are you looking for in a home? (size, style, location etc.) How much can you afford? Have you saved for a down payment? What is the housing market like? Are you in the right life stage for home-buying? If buying a home is the best step for you, here’s how to get started. Save, Save, Save! Save for a down payment. Don’t let financial stress overshadow the joy of buying a home. Consult with a Lender Determine how much you can afford to spend and find a loan option that’s right for you. Find a Realtor and Title Agency Y ou will need expert help in finding and securing y...
Post a Comment
Read more