Should You Get A Title Endorsement?
A title confirms that you legally own your property. When you sell your home, the title shows the buyer that you have the legal right to sell it. When you purchase a home, the title transfers to your name, giving you the legal right to own and, eventually, sell the home. But sometimes, there can be an issue with the title that may not come up right away. To help protect the homeowner and lender’s investment, title insurance is there to help cover damages or losses from certain claims filed against the title.
A title endorsement takes protection a step further. Wondering if you should get a title endorsement? Read on to learn more about what it is, what it covers and when it may be best to get it.