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Title Insurance

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C

Concha

Junior Member
What is the name of your state? CA
Could someone clarify what when it Title Insurance necessary?
 


J

JETX

Senior Member
Concha said:
Could someone clarify what when it Title Insurance necessary?
Click to expand...
If you purchase a house and, after closing, find that there are other leins or encumberances on the property, your title policy will cover the expenses and legal challenges.
 
L

LindaP777

Senior Member
Concha said:
What is the name of your state? CA
Could someone clarify what when it Title Insurance necessary?
Click to expand...
If you have a mortgage on the property, more than likely your lender insisted on a "lender's policy", to make sure they are protected. You will need to buy an "owner's policy" (I highly recommend it).
 
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