Consumer Direct
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What is title insurance and why is it important?
Title insurance prevents a property owner from suffering financial loss if, at any time during his ownership of the property, someone comes along who can show that they have full, or partial, ownership of the property instead.
A careful title search is done at the time property changes hands. On rare occasions mistakes are made anyway. Property can change hands in a number of ways, including by deed, will or court action. Typically, these proceedings are recorded in different places. Searching the history of ownership to be sure nothing has fallen through the cracks is a tedious job that requires alertness, intelligence, and skill.
It is very likely that the value of a property will go up over the years. As time passes, these elements are likely to result in home equity being a substantial asset. Just how devastating would it be if you eventually discovered that someone else owned what you’d always thought was your home?
Do yourself a favor. When you buy a home, buy title insurance. Most lenders will require it. All homeowners deserve it.
A NOTE TO CONSUMERS
You may qualify for a direct to consumer rate offered exclusively by ClearMark Title and underwritten by AmTrust Title Insurance Company, an AmTrust Financial Company.
Register your property now in order to qualify.
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openorder@clearmarktitle.com
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cs@clearmarktitle.com