When buying a home, there’s often so much paperwork to go through and documents to sign that it becomes difficult to keep track. Of course, one thing that should be a top priority for any new homeowner is knowing that they have the proper kinds of insurance to keep them covered no matter what happens. Title insurance is one of the most essential types of coverage to have. Do you know whether you have title insurance?
What is it?
Title insurance, like any insurance, provides you with a safety net. In its case, that safety net has specifically to do with ownership. With title insurance, you are guaranteeing that you legally own the home you live in and can do with your property what you want without being limited.
How do I get it?
When you’re buying your new home, a professional like one from Colony Title Associates will go through past records and make sure there is no impediment to you getting the title to your home. You can purchase title insurance at the time you buy your house; there is only a one-time payment to make in order to guarantee you own the title to your home.
How do I check that I have it?
Keeping track of your documents is important, but you can also contact your Colony Title Associates professional to ensure that you do have the proper title insurance for your home. Knowing this can be the difference between peace of mind and a lot of legal troubles, in the event that you do not have title insurance.
About Colony Title Associates:
Founded in 1995, Colony Title Group handles in excess of 2000 real estate closings per year in the central Maryland area. The founder Tee Tillman has over 23 years experience in the title and real estate law fields. Colony handles closings for several lenders, including banks, credit unions and mortgage brokers. Colony is the preferred choice for many real estate brokers in the area.
Colony Title specializes in real estate title insurance, real estate settlement services, and real estate closings in Baltimore, Columbia, Maryland, Washington DC, and Virginia. Our staff consists of licensed Title Insurance Agents, Real Estate Agents, Settlement Processors, & Attorneys to handle all of your real estate needs.