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Title Insurance

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Icon Mini Profile richosasimohan



Joined: 18 Jul 2007

Posts: 38



23.01 Dollars($)

PostPosted: Thu Jul 19, 2007 5:14 am    Post subject: Title Insurance

Will a insurance on the Title only secure the loan or does it protect any other losses or defects in relation to the title.
 
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Icon Mini Profile sara
sara


Joined: 05 Jul 2006

Posts: 1168
Location: New Brunswick, New Jersey


216.67 Dollars($)

PostPosted: Thu Jul 19, 2007 5:38 am    Post subject: RE: Title insurance coverage

Hi Richosasimohan,

The title insurance policy protects the lender offering a mortgage loan in case there occurs some problems or defects in the title to the property against which the loan is taken.

To know more on Title Insurance, refer to the section on this topic.

Take Care
 
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Icon Mini Profile richosasimohan



Joined: 18 Jul 2007

Posts: 38



23.01 Dollars($)

PostPosted: Thu Jul 19, 2007 6:49 am    Post subject: Title Insurance

I went through the Title Insurance link it was quite useful and informative. Thanks for your kind reply.
 
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Icon Mini Profile miller_st
miller_st


Joined: 17 Jan 2007

Posts: 917



168.82 Dollars($)

PostPosted: Fri Jul 20, 2007 6:41 pm    Post subject:

Please have a look at this page. It is a very good resource to know about title insurance: http://www.insurance.ca.gov/0100-consumers/0060-information-guides/004 0-residential/title-insurance.cfm
 
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