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You might not give much thought to the cost of title insurance when you find the home of your dreams, make an offer and apply for a mortgage. But which can be a error.
A title policy defends purchasers (and their loan providers) from future home ownership claims, shock liens along with other possibly high priced problems with home titles.
Homebuyers frequently buy name insurance coverage as an element of shutting costs and sometimes just take the very first name insurer recommended by the vendor, states Rafael Castellanos, creator of Professional Title insurance company in ny.
