Title Insurance legally protects the lender and/or the buyer against loss arising from disputes over ownership of a property.

Title Insurance guarantees that a presumed owner of a house is in fact the owner with the right to sell, mortgage or otherwise enter into legal agreements that affect his or her property. Title Insurance further guarantees that a home can be used as collateral for a mortgage loan and that there are no other liens or legal issues that could adversely effect the lender’s security. Title Insurance clearly reveals any additional issues which may adversely effect the home and the necessary requirements to resolve them. It is the Title Insurance policy that enables a lender to sell the mortgage to investors who must have a universally accepted assurance against title defects or liens.

A Title Insurance policy recognizes and eliminates risks prior to closing, rather than assuming risk on a probability or actuarial basis. Title Insurance companies perform a thorough and detailed search in the public records to establish rights to and in the property and to limit possible claims against it.

Title Insurance is the vehicle through which real estate transactions are completed with protection from legal and financial claims of others. Title Insurance assures that any claim will be defended and, if warranted, paid. There are multitudes of title problems that could occur from human error to outright fraud. Fortunately, there is a universally accepted means of dealing with title issues.

Title Insurance is a significant part of the economic well-being of the marketplace. The fuel that sustains the refinance engine is the buying and selling of mortgages on the open market. That market, along with government-sponsored entities such as Fannie Mae and Freddie Mac, provides liquidity for the real estate finance industry. Title Insurance enables lenders to convert long-term assets into cash, which can be reinvested into new mortgages.

There are tens of millions of mortgages outstanding totaling trillions of dollars. These mortgages can be safely traded, invested and reinvested again because Title Insurance offers a secure and reliable protection against claims of others or outright defects in ownership or undisclosed liens. With a Title Insurance policy in place, an investor is freed from these concerns and the transfer of interest is easily completed.

Title Insurance, in one form or another, has been in existence for well over 100 years. Title Insurance protects homeowners and lenders alike. Title Insurance facilitates the easy transfer of ownership interests and provides assurance in the mortgage transfer industry. Title Insurance holds all components of the real estate transaction firmly together in an industry that is socially significant and economically substantial.