When you buy a new property, you will encounter two types of title insurance. Your mortgage lender will require that you buy a lender’s policy that protects the lender should a problem be discovered with your title or someone makes a claim against your title.
Foote Title Group strongly recommends that you purchase an owner’s title insurance policy as well. As long as you or your heirs – the person or people to whom you leave your property when you die – have an interest in the home, the insurance policy will protect you and them should someone challenge your ownership of the property or a problem with your title be discovered.
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