Lenders title insurance can protect lenders against losses from title issues such as unknown claims or defects. It can also safeguard lenders from price fluctuations, property loss or damage, and risks such as problems with the title, someone with a legal claim against the home, or other claims that affect the lender’s loan or title. Title agencies can provide title insurance services that benefit the buyer, seller, and lender.
Why Do I Need Lenders Title Insurance?
Obtaining title insurance can protect the lender against various possible title defects. Lenders title insurance can determine if any rights are withstanding and reimburse the mortgage lender on payments. It can also ensure the lender’s attorney fees and costs regarding the property are covered. Buying a home is the most important investment that most people will make, so title insurance is indispensable to protect you.
Title Insurance With Embassy Title Agency
If you are looking for lenders title insurance in Novi, MI, Canton, MI, Dearborn, MI, or the surrounding areas, Embassy Title Agency can help you. We are an award-winning title agency with a team that has over 100 years of combined experience in real estate, mortgage, credit unions, and more. We can handle your residential and commercial closings and provide title and escrow services. We are dedicated to going the extra mile to ensure customer satisfaction. To learn more about our services or our team, contact us online or call (734) 293-2000.