Tip of the Month

Lender Title Insurance is for the loan amount of the mortgaged property. It insures that the lender is in first lien position and terminates with the final payoff of the property. Owner Title Insurance is for the sales amount of the property. It insures that the owner has clear and marketable title and terminates with the sale of the property.

Closing on your property? Here’s a list of why Owner’s Title Insurance could be beneficial to you.