April 19, 2017
Title insurance protects a named party against financial loss due to title defects such as liens, encumbrances or adverse ownership claims. So what is the difference between a lenders title policy and an owners title policy?
It is common for a tax deed investor to dismiss the need for title insurance on tax deed properties they do not plan on selling. But holding a tax deed property without title insurance is putting the investment at major risk of losses, or unplanned costs. The case for getting title insurance…