Thursday, February 26, 2009

Title Insurance

Title Insurance
Title insurance is a tool that ensures the seller is actually the owner of the house and has the right to sell the house.
There could be a time when the owner may not know that a contractor or someone may have a lien against the property. If this is the case, then that lien has to be removed before the house can actually be transferred into your name. A contractor could put a lien on a property to ensure that the owner actually pays the contractors bill.

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