Owner’s Title Insurance Protect your most important investment General Title Insurance Company agents are FRIENDLY AND KNOWLEDGABLE. We can provide you with financial stability and peace of mind. WHAT IS TITLE INSURANCE? • Title insurance is a way for the homeowner to protect themselves should an issue covered by their policy be discovered later. • An owner’s policy is paid for with a one-time fee that is tied to the value of your house. • Like other forms of insurance, you could qualify for a discount when purchasing an owner’s and a loan policy simultaneously. Ask your agent for details. WHAT ISSUES CAN BE DISCOVERED? Deed not executed by a necessary party: The ownership of property may be questioned because the owner didn’t receive the signature of a spouse, heir, co-owner, etc. Forgery and Impersonation: Someone may steal the identity of the lawful owner to the home, then illegally use this identity to obtain mortgage financing through a bank while making no payment on the mortgage, and even sell the home. WHAT DOES IT DO? Having title insurance gives the homeowner, seller, or lender protection from errors and ommisions committed by an examiner or otherwise appearing in the public record. HOW WILL WE PROTECT YOU? An owner’s title insurance policy with General Title offers financial protection against unforeseen issues by insuring that the insurer will negotiate with third parties to resolve the damages, or pay damages and legal fees involved in defending your title to the property.

Owner’s Title Insurance · Protect your most important investment General Title Insurance Company agents are FRIENDLY AND KNOWLEDGABLE. We can provide you with financial stability

Download PDF Report

Upload
others
View
2
Download
0

Embed Size (px)

Citation preview

Owner’s Title Insurance

Protect your most important investment General Title Insurance

Company agents are

FRIENDLY AND KNOWLEDGABLE.

We can provide you with financial stability and peace of

mind.

WHAT IS TITLE INSURANCE?• Title insurance is a way for the

homeowner to protect themselves should an issue covered by their policy be discovered later.

• An owner’s policy is paid for with a one-time fee that is tied to the value of your house.

• Like other forms of insurance, you could qualify for a discount when purchasing an owner’s and a loan policy simultaneously.

Ask your agent for details.

WHAT ISSUES CAN BE DISCOVERED?Deed not executed by a necessary party: The ownership of property may be questioned because the owner didn’t receive the signature of a spouse, heir, co-owner, etc.

Forgery and Impersonation: Someone may steal the identity of the lawful owner to the home, then illegally use this identity to obtain mortgage financing through a bank while making no payment on the mortgage, and even sell the home.

WHAT DOES IT DO?Having title insurance gives the homeowner, seller, or lender protection from errors and ommisions committed by an examiner or otherwise appearing in the public record.

HOW WILL WE PROTECT YOU?An owner’s title insurance policy with General Title offers financial protection against unforeseen issues by insuring that the insurer will negotiate with third parties to resolve the damages, or pay damages and legal fees involved in defending your title to the property.