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Insurance >The Purpose of Title Insurance When you finance a home through a lender, you will be required to purchase title insurance to cover the amount of your mortgage loan. At the closing you will be given the option to buy additional coverage to protect your investment. Before the closing, the title company will order a title report to make sure the sellers actually own the home and that no one else has a legal interest in the property. This process will identify any potential title problems or liens. Title insurance covers you against any future claims that did not appear on the title report. It is a one-time charge that you pay at the closing of the transaction, and it covers your future equity up to a stated maximum amount as your property increases in value. It's a small price to pay to protect such a major investment. See All Tips In The "Insurance" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories >

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Liz McCarthy McGuire Real Estate 47-E Tamal Vista Corte Madera, CA 94925 415-250-4929 Fax: 415-962-4202 LizMcCarthy@NUMBER1EXPERT.com www.MarinHomeStore.com is brought to you by Liz McCarthy NUMBER1EXPERT™ in real estate for Mill Valley, San Rafael, Sausalito and Marin County, California Read Liz McCarthy's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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