Drama
A little over 2 years ago, the Smiths moved into the house next to yours. Since that time, the Smiths have become cherished friends, like family.
One afternoon, the Smiths receive an unexpected tax notice. It turns out the prior owner did not pay property taxes and now there is a lien and a pending tax sale on the Smith’s home. The Smiths have no idea how to handle this situation. Luckily, the Smiths purchased title insurance when they bought their home, so they are protected from this unexpected risk.
The title insurance company worked directly with the taxing authorities to address the unpaid taxes and get the sale cancelled.
The title insurance company paid all the outstanding taxes to ensure the Smiths’ home was safe from foreclosure.
Unlike other forms of insurance, title insurance requires a one-time payment at closing, offering coverage without annual renewals.
The title insurance company stepped in, paid the outstanding HELOC balance, and prevented foreclosure—ensuring Sarah didn't lose her cherished investment.
The title insurer provided experienced attorneys who handled all the legal complexities. Sarah didn’t have to worry about navigating the courts or paying costly legal fees.
Without title insurance, Sarah would have faced the massive expense of resolving the matter and potentially losing her property. Title insurance protected her financial future, preserving 66% of her net worth.
Facing foreclosure is emotionally draining, but knowing she had a trusted ally helped ease the burden. The title insurer took care of everything, allowing Sarah to focus on her life, career, and dreams.
The definitions provided here are for convenience and general informational purposes only. This information is not intended to be, and does not constitute, legal advice. This website and the information provided should not be used as a substitute for the counsel and services of a licensed attorney regarding the applicability of the information to your specific situation or jurisdiction.
01
02
The definitions provided here are for convenience and general informational purposes only. This information is not intended to be, and does not constitute, legal advice. This website and the information provided should not be used as a substitute for the counsel and services of a licensed attorney regarding the applicability of the information to your specific situation or jurisdiction.
01
02
The definitions provided here are for convenience and general informational purposes only. This information is not intended to be, and does not constitute, legal advice. This website and the information provided should not be used as a substitute for the counsel and services of a licensed attorney regarding the applicability of the information to your specific situation or jurisdiction.
01
02
Title insurance is one of the most cost-effective types of insurance you can purchase, offering comprehensive protection for a one-time, regulated premium.
In most states, rates are promulgated, meaning they are standardized and set by state authorities to ensure fairness and transparency.
For a relatively low, one-time fee, title insurance safeguards your homeownership rights for as long as you or your heirs own the property, providing peace of mind.
Learn how title insurance has helped protect homeowners.
