Title insurance is a type of insurance that protects the buyer and lender in the event that there are any problems with the title to the property. It is usually required by lenders in order to get a loan, and it is a good idea for buyers to have as well. Title insurance agency NJ can help to protect against things like errors in public records, unpaid liens, or even hidden easements.
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Homeowners insurance protects your home and contents, but it doesn't cover any potential title issues. Title insurance, on the other hand, is designed to protect you from costly losses – by insuring the title of your home against many risks, you can have peace of mind.
Whether you are a home-buyer or an existing homeowner, title insurance can be a valuable investment and peace of mind. Find out more about this type of insurance in the article below!
What Does Title Insurance Protect Against?
Title insurance protects against any losses that may occur as a result of title defects. These defects can include things like errors in the public records, outstanding liens, or undisclosed easements. If you're buying a property, you'll want to make sure that you're protected against these potential problems so that you don't end up losing your investment.