Lakewood Ranch real estate law firm, Battaglia Law, PLLC, is a policy-issuing agent for Old Republic National Title Insurance Company. We understand that buying or selling a home is a big decision. It is often a person’s most valuable asset, and will also typically be the largest transactions that most people complete in their lifetimes. With the monumental stakes in mind, title insurance is a valuable and important part of the process which can provide all parties involved a certain level of protection and peace of mind. We can help you understand the title insurance process and work with you towards you receiving the best title insurance coverage that you are entitled to.
What is Title Insurance?
Title insurance is a type of insurance that protects you from financial loss if there are any problems with the title to your property. Title insurance can potentially protect you from problems such as:
- Forged deeds
- Unsatisfied mortgages
- Boundary disputes
- Title defects
Why Do I Need Title Insurance?
Title insurance is an important purchase for anyone who is buying or selling a home. It can protect you from financial loss if there are any problems with the title to your property. Title insurance is also a requirement for many lenders, so you may not be able to get a mortgage without it.
How Much Does Title Insurance Cost?
The cost of title insurance varies depending on the value of the property and the type of title insurance you purchase. However, title insurance is typically a relatively small cost compared to the overall cost of buying or selling a home. In certain situations you may be eligible for what is known as a “reissue” credit whereby the premium can be reduced.
Contact Battaglia Law, PLLC Today
If you are buying or selling a home in Florida, contact Battaglia Law, PLLC today to learn more about title insurance and how we, as an agent of Old Republic, can help you protect your investment.