Three reasons to be thankful for title insurance

Homeownership is a path paved with careful decisions, inspections, and, unfortunately, a cornucopia of paperwork. (But don’t worry, there are plenty of professionals in Middle Tennessee to help you along the way, including the title and closing professionals of Birthright Title.)

Amidst such a hectic process, title insurance is often an unsung hero. The value of an owner’s title insurance policy extends far beyond the closing table. Dive in as the Birthright Title team uncovers why homeowners are forever grateful for this protector of property rights.

It’s a one-time fee. Imagine a world where you pay a single fee and, in return, receive lifelong coverage. This is the welcomed reality of title insurance. Unlike many insurance types that come with recurring premiums, title insurance requires just one payment made during the closing of your home.

What does this mean for you? Financial peace and a safeguard against any past discrepancies related to your property that might arise later. It’s akin to paying upfront for a lifelong bodyguard for your home’s title: no renewals, no recurring charges, just uninterrupted peace of mind.

It covers you for as long as you or your heirs own your home. It’s often said that an owner’s title policy covers issues in your property’s past that haven’t been discovered yet, especially because this protection lasts as long as you or your heirs own your home. What are some hidden issues that could arise later? We’re talking about unknown heirs, non-recorded easements, undiscovered liens and other judgments, forged deeds and additional types of fraud.

A clear title provides a clear mind. Before that final handshake and exchange of keys, a vital process unfolds behind the scenes: the title search. Our professional team delves into public records, ensuring that the title to the property you’re buying is free from defects or claims. Yet, as thorough as this process might be, there’s always the potential for hidden issues or unforeseen fraud that can sneak past even the most diligent eyes. That’s where title insurance comes to the rescue. With this safeguard, homeowners can rest easy knowing that they’re shielded from any financial fallout if anything slipped through the cracks – or hasn’t even been discovered yet. In essence, title insurance is a safety net for your property rights.

We know title insurance isn’t the most exciting part of buying a home – but having an owner’s title policy could be what you’re most thankful for down the line. Reach out to us with any title or closing questions you have, and we’d be glad to answer them. After all, talking title is what we love to do.