Monthly Archives August 2019

Title Insurance, Is It Worth the Cost?

Title insurance, one of the many fees buried within the mound of paperwork on closing day. Lenders require a policy for their protection, typically funded by the borrower. However, the new homeowner is presented with the option to purchase an owner’s policy. Closing costs add up quickly, so when a particular cost is presented as “optional”, it is easy to consider it an unnecessary expense. But, a homeowner must carefully consider the potential risks of excluding title insurance from the closing package. Is title insurance worth the cost? Here are some things to consider. What is Title Insurance? Title insurance
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