Title insurance is a guarantee to a homebuyer that the title is good for the home that they are purchasing. All of a home’s past title issues, such as liens and encumbrances, have been squared away. During escrow, the title company evaluates the chain of ownership and the condition of your property’s title. It guarantees that they didn’t miss anything that could affect your ownership of the property. The title insurance is paid in full when a real estate transaction closes.
If your title ends up being different from what the title company guaranteed, then title insurance gives you the ability to file a claim for damages.
Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
Cell (602) 791-0536
Carmen@TopScottsdaleHomes.com
www.DesertMountainHomesOnline.com
Voted in the Top 3 Realtors in Arizona every year 2015-2025, by Ranking Arizona Magazine. Her background as an Attorney gives her special expertise with contracts and negotiations. Carmen has a proven track record of success with buyers and sellers in Scottsdale.
