Bulldog Title Insurance Agency, L.L.C.

Title insurance protects lenders from losses resulting from problems related to property titles. In many cases, a home and the land it sits on has been purchased and sold by a number of people. If, for example, during any of those transactions, someone failed to pay taxes on the land or forged a signature on the title, the discrepancies could be troublesome for buyers and lenders.

Sometimes there are problems with a title that cannot be uncovered in a title search regardless of how thorough it is. Lenders generally require clients to purchase title insurance in all loans where property is used as collateral to ensure that any arising title problems don’t infringe on their claim to the land. Title insurance also covers any legal fees that may be incurred in the process of handling discrepancies.

Title insurance protects against:

• Undisclosed title defects
• Forged signatures
• Unknown heirs
• Errors in public records
• Impersonation/identity theft
• Improperly or illegally obtained signatures
• Lack of legal access to the property
• More

Title Insurance for the Property Seller

In order to sell a property, the seller must prove to the buyer that the title is legitimate and free of liens. The easiest way for a seller to do this is to provide the buyer a title search and title insurance. Title insurance ensures a quick, easy transaction and offers the seller protection against problems or costs that may arise out of property or title disputes.

Title Insurance for the Property Owner

A property owner can also purchase title insurance for his or her own protection against title defects. This insurance is typically purchased at the same time the property is obtained, but may also be purchased at a later date.

Title Insurance for the Lender/Mortgagee

Title insurance protects the lender’s interest or claim on the borrower’s property up to the loan amount. Lenders almost always require their clients to purchase title insurance.

If you want to learn more about title insurance or other title-related services, please contact us today to speak with a qualified and experienced attorney FREE of charge.