Do first-time homebuyers need to worry about title insurance?

Yes, title insurance is something first-time homebuyers should pay attention to, even though it’s often overlooked. Here’s why: What Is Title Insurance? Title insurance protects against hidden problems with a property’s ownership history—issues that might not show up during the title search but could surface later. These include: Unpaid property taxes or liens Errors in …

Title Insurance 101

Why You Need a Title Insurance Policy Before deciding if you need to consult with a lawyer for title insurance, it is best to understand why having a title insurance policy is necessary. During the mortgage process, purchasing a lender’s title insurance is mandatory. Yet, some homeowners choose to buy title coverage for themselves because …