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What every REALTOR® should know about owner’s title insurance: Part 4

Last time, we discussed what owner’s title insurance covers. This week, let’s discuss its enduring value.

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!

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