Different Types of Title Insurance
Title insurance is optional for homeowners. However, if you are taking out a mortgage, your lender will require it. That is because your lender needs a guarantee that they will receive their money back in event of a title defect, error, or claim. Typically, sellers will pay the lender's title policy for the buyer. The premiums are paid at closing. In addition, even if you refinance, you will be required to get a new lender's title policy.
Contact us to schedule a consultation if you need title insurance before purchasing a new home. We proudly serve clients in Tampa, St. Petersburg, Clearwater, Carrollwood, and Brandon, Florida, as well as the surrounding areas.