FAQs

Title insurance protects real estate owners and lenders against any damage or property loss they might come across due to defects, liens, or encumbrances in the title of a property.  Any individual title insurance policy consists of definitive terms, exclusions and conditions .

Title insurance protects against claims from defects. Defects can be categorized as multiple things, such as documents that have been recorded incorrectly, an individual claiming ownership interest, forgery, liens, fraud, encroachments, easements and/or other items that will be specified in an insurance policy.

The insurance that lender requires, protects the lender up to the full amount of the mortgage.  However, it will not protect the buyer’s equity in the property.  To protect the buyer’s equity, the buyer needs to purchase an owner’s title policy for the complete value of the home.

Please utilize the calculator function, or contact Title Choice, LLC for an estimate.  Prices will vary based on multiple factors.

Lenders require anyone who is refinancing to purchase a new Owner’s Policy.  Lenders require assurance that there are no blemishes on the title since you have purchased the property, before they move forward with a refinance.