When buying a home, many people come across the term “title insurance” and wonder:
Do I actually need it?
The answer is yes—and it may be one of the most important protections you can have as a homeowner.
What is title insurance?
Title insurance is a one-time policy that protects you from issues related to the ownership of your property.
That includes:
- Unknown liens
- Errors in public records
- Ownership disputes
- Legal claims against the property
What does a title search include?
Before issuing title insurance, a full title search is done.
This typically reviews:
- Around 50 years of property history
- Previous ownership transfers
- Probate records
- Outstanding debts or liens
This process helps identify potential problems before you buy.
How long does title insurance last?
Unlike other types of insurance, title insurance is a one-time payment that protects you for as long as you own the property.
Even if issues come up years later, you’re still covered.
Why title insurance is so important
Without title insurance, you could be responsible for problems you didn’t even know existed.
That can lead to:
- Legal disputes
- Financial loss
- Difficulty selling the property in the future
Title insurance gives you peace of mind knowing your ownership is protected.
What this means for you
Buying a home is a long-term investment. Title insurance helps ensure that investment is secure from hidden risks.
If you have questions about title insurance or the closing process, we’re here to help.
📍 82 Cummins Hwy, Roslindale, MA 02131
📞 (617) 983-0010
🌐 www.guiradolaw.com