What is Title Insurance?
Title insurance is a form of indemnity insurance that protects lenders, home buyers, and real estate investors from financial loss sustained from defects in a property title. Whether you are in New Jersey or another state, it’s crucial to collaborate with an experienced and licensed title insurance broker during property purchases or refinancing.
Key Points:
1. Safeguarding Against Title Defects
Title insurance acts as a shield, safeguarding lenders and buyers from financial loss caused by defects in a property title.
2. Addressing Common Title Issues through Comprehensive Search
Common title issues such as back taxes, liens, and conflicting wills are addressed. American Title performs meticulous searches of New Jersey public records to assess title status accurately.
3. One-time Fee for Extensive Protection
A one-time fee covers title insurance, including comprehensive searches to protect against claims related to past occurrences. No recurring payments are required to maintain your Owner’s Title Insurance Policy. For estimates of closing costs, you can inquire by phone: 856-228-1220 or email: atac@americantitleabstract.net.
4. Ensuring Clear Title for Seamless Transactions
Clear titles are essential for real estate transactions to be free from liens. Chicago Title Insurance Company safeguards your insured title, ensuring ownership preservation if claims arise.
5. Comprehensive Coverage for Diverse Risks
A title insurance policy provides inclusive coverage against various risks, including flawed records, incorrect ownership information, and falsified documents.
American Title Abstract Corp. provides title insurance and settlement services for New Jersey homeowners and investors. For more information, visit the American Title Abstract website, contact American Title at atac@americantitleabstract.net or call 856-228-1220.
