Make sure all of your clients are protected
You're a realtor, so you know that buying a home can be overwhelming for your clients. Homebuyers can feel confused and frustrated by the mounds of paperwork they have to sign. Plus, the fees associated with closing can sometimes be overwhelming even to an experienced buyer.
Owner's title insurance is one of those items often misunderstood by homebuyers at closing, yet its value is tremendous. As an important advisor to your clients, you are in a position to help homebuyers understand the benefit of an owner's title insurance and the dangers that can be incurred without it.
WHAT IS TITLE INSURANCE
The owner's title insurance is a policy that the homebuyer obtains to protect against possible claims on the title. This means that the owner's title insurance protects the property rights of the buyer. for more information about title insurance contact us at (813) 876 - 4373.
ENDURING VALUE
The good news is that the owner title insurance protects the homebuyer financially, as long as they own their home. for a low, one-time fee, homebuyers can rest assured, knowing they are protected against possible debts or claims to their property.
HOW IT PROTECTS
Obtaining an owner title insurance policy is the best way to be protected against unforeseen legal and financial discrepancies over the title of the property.
Some examples of unforeseen lawsuits include:
Pending mortgages and lawsuits or lien against the property for non-payment of taxes from the seller.
Legal action pending against the property that could affect you.
Undisclosed heir of a previous owner who claims ownership of the property.
If a problem does arise, the insurance company will pay to have the problem resolved for the client. (Clear the title) If the problem can’t be solved the insurance company will pay you the price you paid for the home. That’s peace of mind.