Frequently Asked Questions

Click on Any Question to Learn the Answer What is a title? Why is transferring the title to real estate different from transferring the title to    other items, such as a car? What is a title search? What kinds of problems can a title search reveal? Are there any problems that a title search cannot reveal? What is title insurance How much could I lose if a claim is filed against my property? How does title insurance protect my investment if a claim should arise? The owner of the property has a deed. Isn't that proof of ownership? Wouldn't an abstract show property limitations and restrictions? What about an attorney's opinion? The owner of the property I want to purchase has lived in the home for only six    months. He had a title search done six months ago. Why do I need another    one? If the builder of my home already has title insurance on the property, why do I    need it again when I purchase the land from him? Are these different types of title insurance policies? How much does title insurance cost? How long does my coverage last? What is an escrow?