The world of residential title insurance can be tricky for those who do not know a lot about it. However, as we have said in our blog, it is very important that you not only invest in residential title insurance, but that you understand it. Today we’re going to be talking about some of the common issues that can be solved with the right residential title insurance.
Forgeries and Fakes
Unfortunately, there are times when honesty is not someone’s policy. Forged documents, stolen identities, and other fallacies can lead to complications with the ownership of your property.
Surprise Encumbrances and Easements
Unexpected owners can cause a lot of issues with your ownership down the line. Sometimes you may not know about ancillary owners of your property, limiting your actions. This can also happen with easements you aren’t aware of. Easements can hinder you from getting the most out of your property while also allowing government agencies or other parties to have access to your land.
Undiscovered Documents
Wills, documentation errors, and surprises can often lead to a dispute over your new home. Rather than letting these issues cause trouble, you can protect yourself in advance with residential title insurance.
Boundary and Inheritance Disputes
Disagreements about heirs and where the boundaries of your property are can lead to headaches you don’t have to experience. With boundary disputes, other people can take ownership of a portion of your land when you aren’t protected.
Residential Title Insurance will protect you.
When there is doubt about your claims to ownership, having title insurance will ease your worries. It will give you a clear chain of ownership that will protect your investment. Don’t leave your property to chance. You never know what could have happened in its past.
Get In Touch With Residential Title and Escrow Today
At Residential Title & Escrow and Commercial Settlement Services, we bring peace of mind to the settlement table. If you are searching for a title company to help you through the closing process, please contact us today! You can also fill out our simple online title request form and one of our knowledgeable representatives will get in touch with you promptly. Be sure to follow us on Facebook,Twitter, Pinterest, andGoogle+ to stay up to date on news, and upcoming events as well as staff and client spotlights!
Tags: common problems, residential title insurance, title insurance