When a homebuyer makes an offer to buy a house, the home seller wants to be certain that the title to the property is clear. But even the most diligent search of the public records could fail to disclose a number of title defects.
Read on to learn about a few of the problems that can suddenly surface.
A forged will or deed
A title transfer by someone underage
Without the protection of title insurance, a homeowner can find himself in serious jeopardy of losing his investment. Title insurance indemnifies against loss if any of these “hidden hazards” result in a claim against ownership.
Compare policy coverage
Two kinds of title insurance are available. The first is the
Enhanced Policy which features expanded coverage.
Please visit: https://www.federaltitle.com/compare-policies/ for more information and to compare the two policies.