Why Every Homebuyer Needs Owner’s Title Insurance
1. Protect Your Investment
For a reasonable, one-time fee, owner’s title insurance will protect the homebuyer’s property rights for as long as they or their heirs own the home.
2. Reduce Risk
Owner’s title insurance will protect against any unforeseen legal and/or financial title discrepancies that may arise, such as a claim filed for ownership by the heir of a previous owner, a debt unpaid to a contractor by the builder, or a lien against the property because the seller has not paid his taxes.
3. The Cost is Minimal
Owner’s title insurance generally costs no more than 0.5 percent of the home’s purchase price.
4. There is Nothing Else Like It
Homeowner’s insurance and warranties protect only the structure and belongings in your client’s home. As more than eight to ten homebuyers annually attest, owner’s title insurance is the only insurance that ensures that a family’s rights to the property will stay protected.
5. Buying Peace of Mind
Purchasing owner’s title insurance means that homebuyers can rest assured that when they close on their new home, they will be protected from inheriting any existing debts or legal problems now or in the future.
Call Your Personal Real Estate Consultant, Tim Brodowski at 858-354-2354.
Serving San Diego residents for almost two decades. BRE #01224576