Explains The Details
Why You Need Title Insurance in Florida | Property Title Search
When you buy a home, you want to be certain that it’s safely yours using a Title Search in Florida. However even the most diligent title search of the public records could fail to disclose a number of title defects such as a forged will or deed, a title transfer by someone under age or a married person conveying real estate without his or her spouse. Other examples are: Fraudulent Impersonations, Secret Marriages, Undisclosed Heirs, Invalid Divorces and False Affidavits. The list of potential problems that can surface goes on and without a proper property title search and the protection of title insurance – you’ll be in jeopardy of losing your real estate investment.
How Title Insurance Protects in Florida
Are homeowners helpless against these and other pitfalls, absolutely not. You can safeguard your real estate investment against these and other “horrors” with a Title Search in Florida and an owner’s title insurance policy from Independence Title. First, a service known as a Florida Title Search describes – as well as possible- the condition and quality of the title to the land you are buying. Then, your Title Insurance protects you against mistakes or threats that might otherwise result in financial loss to you including those hidden, unknown items. Your title insurance protection is a permanent assurance that your ownership and use will be defended promptly against claims at no cost to you, whether the claim is valid or not.
Who Title Insurance Protects
When you pay your Florida Title Insurance Rates there are two basic types of title insurance protection – one for the mortgage lender and one for the homeowner or real estate investor. If a mortgage is to be placed on your new home, the mortgage lender will probably require that you purchase title insurance to protect the institution’s position as a holder of a mortgage loan. But this mortgagee’s title insurance policy doesn’t protect you, the homeowner. You need an owner’s title insurance policy to protect your investment. You only pay Florida title insurance rates once, there are no renewal premiums and there is no expiration date on the policy. Along with all that, you have peace of mind knowing the protection lasts as long as you or your heirs retain an interest in the property.
Florida Title Insurance Rates | A Small Investment for Years of Protection
The real estate you own represents stability, permanence and the hope of the future. Don’t take a chance and let your property be taken from you because of a flaw in the title. It only makes sense for the relatively small amount it costs, to protect yourself with title insurance rates in Florida, it’s the smart decision. Independence Title prides itself in ensuring you have peace of mind with the ownership of your property. With over 10 years of experience and competitive Florida Title Insurance Rates they have the experience and dedication to insuring your peace of the planet with integrity.