Title insurance can protect lenders and homebuyers from claims, damages, or losses caused by bad titles. Title insurance can protect against future lawsuits if there is a claim on the property. Title insurance companies can search the property’s records and determine whether or not the seller has ownership status. Title insurance can protect against issues in the future and find problems associated with the property that could have gone unnoticed by the buyer, seller, or both.
What Are the Types of Title Insurance?
Lender’s title insurance and owner’s title insurance are common services provided by title insurance companies during real estate closings. Lender’s title insurance is used to protect the lender from problems with the property title and the owner’s title insurance protects the equity of the owner if there is a problem with the title. Title insurance companies can also provide residential and commercial closings and escrow services.
Title Insurance With Embassy Title Agency
If you are looking for title insurance in Plymouth, MI, Novi, MI, Canton, MI, or the surrounding areas, Embassy Title Agency can help you. We provide title services, commercial and residential property closings, and escrow services. We have over 100 years of combined experience and always go the extra mile to ensure customer satisfaction. Our friendly staff is well equipped to help you with your closing and title needs. To learn more about our services, contact us online today or call us at (734) 293-2000.