Let’s begin at the beginning. Car insurance protects you and your vehicle. You buy life insurance to protect your loved ones. Health insurance protects your health. In all cases, insurance gives you peace of mind. The same is true for title insurance which protects the integrity of your biggest investment – your home. Unlike other insurances, this is a one-time fee that protects your property rights for as long as you own your home.
There could be many hidden issues about the property you are buying. Is there an outstanding mortgage or lien against the property? Are the taxes paid and current? Is there a legal action pending that could affect you? Is the ownership clear – no unknown heirs trying to claim the property is rightfully theirs? Perhaps a clerk made an error long ago. The only way to know for sure is to have a property search done and title insurance issued.
The best part is – it’s a one-time fee. It protects you and your heirs for as long as you own your home. And remember, no matter who provides you with the policy, the rates are always the same from company to company because the State of Pennsylvania sets the rates. The choice is yours – we hope you’ll choose Tiger!
Contact us for a FREE comparative rate and an estimate of closing costs. (If you are now asking – what are closing costs? Click here!)
A search of land records encompassing sixty years in the chain of title. Including complete information of previous owners, legal description, all information regarding open mortgages, judgments, federal tax liens, pending suits, real estate taxes, municipal claims, water and sewer, PUD claims, UCC’s, and any other matters affecting the subject property.
Below is a helpful resource. The more information you have the better! And, if you have questions, don’t hesitate to reach out to us.