Home title insurance protects the mortgage lender and homebuyer from financial risks from third parties who have a claim or legal troubles related to the home. If there is a title dispute during or after the sale of a property, title insurance may cover the legal costs. It also protects the homeowner and lender from defects in the title. If the defect is covered by your title insurance then your title insurance company will defend your title in court and pay the amount needed to clear the title.
What Benefits Does Home Title Insurance Provide?
Home Title insurance protects homeowners and lenders against property damage and loss. Owner’s title insurance provides peace of mind to home buyers and mortgage lenders by protecting them from a variety of problems that could arise from previous title or ownership issues. Lenders insurance protects the lender against claims on the property or other problems that could arise after the real estate transaction.
Home Title Insurance With Embassy Title Agency
If you are looking for home title insurance in Canton, MI, Dearborn, MI, Livonia, MI, or the surrounding areas, Embassy Title Agency can help you. We can handle all of your title insurance and assistance needs for your commercial or residential property transaction. We have over 100 years of combined experience providing title services, commercial and residential property closings, and escrow services. To learn more about our services, contact us online today or call us at (734) 293-2000.
