Imagine if you will, you've been looking long and hard for a house and you finally find a place you love.
It’s $800,000 and in today's market, seems like a good deal. You draw up paperwork with the owner and put down a deposit, all seems good. Then suddenly, you wake up in cold sweat wondering: how do we really know it's really his house? How do you know that he has the legal right to sell it to you? Are there liens on it? Are the taxes paid?
Don't worry, there's a tool to protect you: it's called title insurance.
Title means ... read more >>