Title insurance is a policy that protects property buyers and lenders from problems with the property’s ownership history. It covers issues like unpaid debts or mistakes in public records that might come up later.

It’s important because it shields buyers and lenders from financial losses if there’s a dispute over who owns the property. Lenders usually require it to protect their investment until the mortgage is paid off. Unlike other types of insurance, title insurance looks back at the property’s history to prevent surprises about ownership rights.

In short, title insurance is essential for ensuring a smooth and secure property transaction. Contact us now at Delaney@TheHighlandCompanyRE.com to learn more about how title insurance can protect your investment!