Purchasing a home may be the single biggest investment you will ever make. Before closing on the home you will want to know that no other individual or entity has a right, title, lien or claim to the property.  Seeing that your rights and interests to the property are clear is the business of a title insurance company.  For a one-time title insurance premium  you will receive continuous title insurance protection in an amount equal to the purchase price of the property or its current market value.

Prior to a policy being issued, the title insurance company will complete extensive research into relevant public records, maps and documents to trace ownership of the property and determine if anyone other than you has an interest in the property.  Through its research, the title insurance company can usually identify any title problems that may arise and have these problems cleared-up prior to closing.

Typically your title insurance will protect you from loss if someone contests your title in a legal action or if there is a title defect that cannot be eliminated.  The title insurance company will protect you from  financial loss up to the amount of the policy.

Need more information, give us a call at 603-836-5309 or email terrie.dolan@trombleykfoury.com.