A First-Timer’s Guide To Title Insurance


If you’re a first-time home buyer, you’ll need to understand these terms!

When you purchase a brand-new home for the very first time there is a lot of new information coming toward you. It can be very overwhelming. In fact, knowing what to expect can really prepare you to handle the real estate process with a lot more ease and a lot less stress. Here are some important things to know to ensure that you get your home and understand everything along the way!

Real Estate Jargon

Title insurance is just one term that you may never have head of before that is constantly uttered when purchasing a home. But there are other terms that often get skipped over. Instead, choose to understand what these words mean and how they may affect you.


  • Title: A title is simply a document that proves you (an individual) legally owns the property.
  • Escrow: Escrow is merely the period of time where a third party will hold the funds for the home sale until the actual transaction is finally ready to be completed.
  • Title search: During the escrow period, the title search will often be conducted in an effort to obtain any mishaps in previous titles for the property you want to purchase.
  • Lien: If anyone owes money to someone else, that person can become the legal owner of the debtor’s property- which is a problem if that lien is unknown to the new buyer.


Title Insurance Made Easy

The reality is, title insurance really isn’t all that different from other types of insurance that you are used to dealing with. However, the key difference among title insurance and other types of insurance is that most insurance like car insurance will protect you for any future issues while title insurance protects you from previous issues that may arise during the real estate process and moving forward.

A Title Company You Can Trust: Colony Title

At Colony Title, we will help you through the process of getting your property’s title and help you avoid the pitfalls of hidden costs while you buy your home. We are also well trained in identifying any and all errors in public records and helping you resolve them. We specialize in real estate title insurance in both Maryland and Washington, D.C., and we will perform an expert title search, check through all past documentation, and examine records for any fraud or forgery. For more information on how we can get you into the home of your dreams, contact us online or give us a call at (410) 884-1160. To get more updates on housing markets and how to get into your home, follow us on Facebook, Twitter, LinkedIn, and Google+.



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