When you purchase a new home, it is so important to protect yourself in every way possible. While you probably have had the house inspected, gone through all the typical steps in ensuring the home is safe for you to move in, one necessary area that you might not of considered yet is title insurance. Home title insurance is something that many individuals overlook, but is very important, as it can protect you from overpaying on the house, finding new fines and fees and even losing the house all together. Home buying is an exciting, yet stressful time in your life. You shouldn't have to worry about the house being pulled right from under your feet. In order to protect yourself, your family and even your assets, opting into home title insurance is an extremely desirable area to consider.
Five of the best reasons as to why you need home title insurance include:
- Possible Errors in the Deed
- Undisclosed Heirs
- Mistakes in the records
- Undocumented payments