Title insurance is an important part of the home-buying process. That process can seem confusing, so you may be wondering where to start when looking for the company that will be supplying your title insurance needs. Here are 5 important things to consider when entrusting your title insurance needs to a specific company.
Coverage
Title insurance can protect you from issues arising such as ownership disputes, zoning concerns, and more. While title insurance can confirm that you do indeed own your property, you will want to make sure that you know exactly what is covered. For example, you may select to only acquire lender’s insurance and forego owner’s insurance, but you will want an explanation of what is covered to find out what meets your needs.
Fees
In addition to the cost of your coverage itself, other fees may be added to the process of securing title insurance. Wire transfers, attorney fees, and tracking fees are just a few of the costs that may add up. Be sure to have a solid understanding of what extra fees your chosen title company charges by getting the full rundown from your provider.
Accessibility
What good is a title company that is hard to get in touch with? Many people choose a company in the same town as their property for easier access. A comprehensive website, office line, and direct contacts all help you get in touch when you have any questions or other concerns. Being able to speak directly with any agents attached to your property will ease the process and be less time-consuming than going through many channels to get crucial information.
Reliability
Finding a title company that proves as much transparency as possible is key. This includes disclosure of all records so that you know exactly what your commitment is. When choosing your company, it is important to know that you can rely on them to provide clear and accurate information about your property.
Reputation
A company’s reviews can give you insight as to how they are viewed as far as having a positive or negative reputation. You’ll want to check out reviews online or even word of mouth from anyone you know who may have dealt with the company you are researching, such as your realtor or lender. Knowing that a company’s clients are satisfied can give you peace of mind that it is the right title company for you.
Now that you know what to look for when selecting a title insurance company, don’t delay in doing your research. Our providers can offer a reputable choice with clear transparency on coverage, fees, accessibility, and reliability. Contact us today to secure the title insurance that meets your needs.