Am I burning (or wasting) money if I buy title insurance when buying a home?  " /> Am I burning (or wasting) money if I buy title insurance when buying a home?  " />

Importance of Title Insurance

Am I burning (or wasting) money if I buy title insurance when buying a home? 

People sometimes try and save money by not purchasing title insurance when purchasing real estate. However, I don't feel that is a wise decision.

Title insurance compensates a purchaser for losses or damages that arise from problems with the title to the real estate. In our area, an attorney  (or someone hired by the attorney) will do a thorough search in order to determine if there are any outstanding taxes, deeds of trust, restrictions, etc. 

Bottom Line: Whenever you purchase any real estate, I would recommend purchasing title insurance policy. When you or your heirs go to sell your property someday in the future, you don't want anyone to be surprised with a totally unexpected problem. 

Please call Mark Shuman, CRS anytime at 828-659-8444 (Worldwide Realty, LLC)