For years now, virtual home tours have helped real estate buyers far and wide find the perfect home. From long-distance military personnel being relocated, to investors expanding their portfolio, to
Title Insurance Explanation From Independence Title Of Austin
Dated: October 31 2017
Thank you to Independence Title for the use of the following explanation:
A title insurance policy protects the future of your real estate investments. They start by researching the full history of the property as completely as possible through public records - in Texas, many property records go back to Spanish land grants in the 1880's! They clear up any known issues and then assume certain kinds of additional risk on behalf of the owners. A title policy is designed to protect the owners and their investment against certain future claims. Rates are state regulated and are promulgated in Texas.
Through the years, a property may change hands many times through sale, inheritance, marriage, divorce, foreclosure, or bankruptcy. Each transfer is an opportunity for an error in title to arise, which could affect whether the buyers have full ownership of the property. So, if someone shows up with a valid claim to your property, title insurance has you covered!
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