Last time, we discussed what owner’s title insurance covers. This week, let’s discuss its enduring value.
The good news is that owner’s title insurance protects homebuyers financially, as long as they or their heirs own the home. For a low, one-time fee (average of 0.5% of purchase price), homebuyers can rest assured, knowing they are protected from inheriting existing debts or claims to their property.
Tune in next time to read a true story about how owner’s title insurance protected a client’s property rights. Don’t forget to like our Facebook page, so you don’t miss any of the blog posts in this series! If you missed an earlier blog, you can find it here.
As always, don’t forget to request a Luckett location on your next real estate contract!
The opinions expressed in this blog solely belong to the contributors/authors and do not necessarily reflect the views of Luckett Land Title, Inc, Luckett Law Office, PLLC, and/or other entities in the Luckett family of companies (hereinafter, “Luckett”). While every caution has been taken to provide our audience with accurate information and honest analysis, please use discretion before making any decision based on the information in this blog. Neither Luckett nor the contributors/authors will compensate a reader/viewer in any way whatsoever if he or she happens to suffer a loss/inconvenience/damage because of/while making use of information in t