Wednesday, April 30, 2008

Home Title Insurance

Home Title Insurance – Protect Your Investment



With so much technological advancement over the past century, it’s a bit of a surprise for many to learn that the system for recording real estate transactions in land records is rather antiquated. In many municipalities, this is still an entirely manual process, which, while accurate in the vast majority of cases, does leave room for error. Even errors which seem minor can lead to headache and a lot of paperwork; more significant title defects can be even more devastating, and could even result in loss of property.

Don’t Settle for Just Any Home Title Insurance



Home title insurance is designed to protect the homeowner from the damages that can result from a defective title. This insurance is purchased at closing, and generally covers the purchase price of the home. Many people choose the title insurance company suggested by their realtor or mortgage broker, often because they are unaware that they even have a choice. In most states, laws stipulate that if a homeowner is paying for the title insurance at closing, they have the right to choose their own provider. This enables homeowners to shop around for the best price on this very valuable insurance. To compare up to 5 quotes from leading insurers in your area, visit www.freetitlequote.com.

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