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Real Estate - Home » FAQs » Title Insurance

Title Insurance

January 31, 2023 By Libby Guthrie Leave a Comment

A

Title Insurance

Posted by Libby Guthrie
Title Insurance
Title Insurance

What is Title Insurance? 🤔

Most lenders require title insurance, which protects them from claims such as liens, easements, and flawed records that can come up even years after a transaction.

💡 TIP: Buyers can also purchase their own “owner’s title insurance,” a one-time fee that protects them from any financial burdens, such as back taxes.

Although you may cringe at another cost, this is an important one that protects your ownership rights!

Our best advice? Contact our team for a ✨ free consultation ✨ to ensure you don’t miss any critical legal requirements if you’re buying or selling!

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guthriegrouphomes

Libby Guthrie, Realtor
@ Keller Williams 865-966-5005
🏡 Helping You Make the Move to Knoxville
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🏡 Good People, Great Homes!

𝐌𝐨𝐬𝐭 𝐁𝐮𝐲𝐞𝐫𝐬 𝐖𝐚 𝐌𝐨𝐬𝐭 𝐁𝐮𝐲𝐞𝐫𝐬 𝐖𝐚𝐧𝐭 𝐚 𝐌𝐨𝐯𝐞-𝐈𝐧 𝐑𝐞𝐚𝐝𝐲 𝐇𝐨𝐦𝐞Is your home TRULY move-in ready? The majority of homebuyers say it's important!Don't let outdated features or minor repairs stall your home sale.Visit our blog for an action plan to prep for today's market!🔗 [Link in Bio]#homestaging #moveready #sellingtips #homeupgrades #realestatestrategy #sellerprep
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🅰 Pay less for a home today with a higher mortgage rate?⁣
OR⁣
🅱 Wait and pay more for a home with a lower rate?⁣
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👉 If you're unsure, consider this: Buying at a lower price (even with a higher mortgage rate) can mean less competition and a chance to refinance later if rates drop.⁣
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