Buyer Title Insurance vs. Lender Title Insurance
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<strong>Buyer</strong> <strong>Title</strong><br />
<strong>Insurance</strong> <strong>vs</strong>.<br />
<strong>Lender</strong> <strong>Title</strong><br />
<strong>Insurance</strong><br />
Article Source:<br />
https://www.actiontitlenaples.<br />
com/is-home-title-insurancerequired/<br />
Image Source:<br />
https://artesiantitle.com/
purchase title<br />
<strong>Lender</strong>s<br />
called a Loan<br />
insurance<br />
Owner’s Policy<br />
An<br />
an initial<br />
includes<br />
to protect their<br />
Policy<br />
investment.<br />
own<br />
of a title<br />
examination<br />
to purchase as well<br />
prior<br />
just because the<br />
However,<br />
of money they<br />
amount<br />
protection afterward.<br />
as<br />
reason for this is<br />
The<br />
to you is protected<br />
lent<br />
their insurance<br />
under<br />
of the initial<br />
because<br />
examination—although<br />
doesn’t mean that<br />
policy<br />
included in that<br />
you’re<br />
always<br />
thorough—doesn’t<br />
discrepancies or<br />
catch<br />
A Loan Policy<br />
safeguard.<br />
covers the lender<br />
only<br />
conflicts that may exist.<br />
his or her interests,<br />
and<br />
the title owner.<br />
not<br />
details can be<br />
Sometimes<br />
or intentionally<br />
elusive<br />
buyers need to<br />
Home<br />
an Owner’s<br />
purchase<br />
by previous<br />
omitted<br />
in order to avoid<br />
owners<br />
in order to protect<br />
Policy<br />
real estate<br />
their<br />
on a sale. While<br />
impeding<br />
can be disconcerting<br />
this<br />
for the<br />
investment<br />
in which they<br />
amount<br />
home buyers, your<br />
to<br />
Policy is what<br />
Owner’s<br />
it. The great<br />
purchased<br />
about title<br />
thing<br />
gives you peace of mind.<br />
is that it is only<br />
insurance<br />
one-time fee.<br />
a<br />
mortgage lenders<br />
Many<br />
title insurance to<br />
require<br />
purchased in order to<br />
be<br />
a mortgage loan.<br />
receive<br />
buyers purchase<br />
Home<br />
insurance upon<br />
title<br />
on their real<br />
closing<br />
property or home,<br />
estate<br />
depending<br />
However,<br />
how one negotiates<br />
upon<br />
that policy covers<br />
and<br />
for the duration of<br />
them<br />
sale, the purchasing<br />
the<br />
this policy can fall on<br />
of<br />
ownership. That<br />
their<br />
as long as you own<br />
means<br />
the real estate<br />
either<br />
or the owner who<br />
buyer<br />
property, you’re<br />
the<br />
covered!<br />
is selling it.
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