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What Is Title Insurance, and How Much Does Title Insurance Cost?


What Is Title Insurance, and How Much Does Title Insurance Cost?
What Is Title Insurance, and How Much Does Title Insurance Cost?
Title insurance protects home buyers and lenders from many issues. Here s more on what is title insurance is, how much it costs, and how to lower the costs.
Audrey Ference, provided by
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Buying a home often entails 
also buying various types of insurance to protect your property, and one type you might need to get is called title insurance.
When you buy a home, you “take title” to it and establish legal ownership. A title insurance policy protects you against the possibility that someone else might have a claim on your home. In essence, it ensures that a homeowner and their lender will be okay in the event that the seller or previous owners didn t have absolute ownership of the house. (It sounds crazy, but sometimes it turns out that the homeowner is not the only one with rights to a home!) ....

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