Worldwide Realty Blog

Insights into the world of property ownership from Mark Shuman, CRS.

Importance of Title Insurance

March 6th 2018

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, etcetera. 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)

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391 East Court Street,
Marion, NC 28752

(828) 659-8444