Wednesday, May 12, 2004

Protecting Your American Dream

Anyone buying a house would be wise to insist on an Owner’s Policy of Title Insurance to protect his or her interests, experts say.

Why? To protect the largest purchase you may ever make.

Boundary disputes, liens, assessments and undisclosed heirs can all cause problems with your title. That’s why you should rely on a title professional to find any problems with the title and try to fix them before the closing.

Title professionals search the public records to look for these potential problems. Should a problem arise in the future, your Owner’s Policy will cover you if there are fees incurred clearing the problem.

You can ask your real estate agent, lender, or settlement company about an Owner’s Policy. It can protect your American Dream and give you peace of mind for years to come.

For more information on title insurance, visit the Consumer Information section of www.alta.org.