Why Do I Need Title Insurance?

Why Do I Need Title Insurance?title_insurance-poilicy

The most common question from buyers and sellers is why do we need Title Insurance?

The answer is to protect possibly the most important investment you will ever make; the investment of a home.

Title Insurance is issued after a careful examination of copies of the public records.  But even the most thorough search cannot absolutely assure that no title hazards are present, despite the knowledge and experience of professional title examiners.  In addition to matters shown by public records, other title problems may exist that cannot be disclosed in a search.

Here are just a few of the most common hidden risks:

  • False impersonation of a true seller of a property,
  • Forged deeds,
  • Releases or wills,
  • Undisclosed or missing heirs,
  • Deeds by persons of unsound mind,
  • Liens for unpaid estate,
  • Inheritance,
  • Income or gift taxes.

At Chicago Title we are committed to providing our clients the best title and escrow services available.

Please contact me with any questions or concerns!

Chicago Title was started in 1847, expanded to Indiana in 1950 and in 2000 merged with FNF to become one of the largest title companies in the nation.  We are outstanding in customer service, we have an untarnished reputation for integrity and a rock solid, enduring identity that is synonymous with the necessary expertise to insure your most prized asset: Your Home.

Chicago Title manages  Residential Resales, REO, Refinances, Commercial Transactions, Subdivision and Land Development, 1031 Exchange transactions and Hud Purchases.