Why Title Insurance is Important
from Straight Up Mortgage Talk Hosted by Tim Harrison
This week, I interview Tim and Debra Galli. They have been a trusted business partner of mine for over 20 years. Luckily for me, they are THE Title insurance agents. Watch the video to learn all about Title Insurance. So in simple terms, what is title insurance? How does it protect the buyer? What is this type of title insurance called? How does it protect the lender financing the property? What is this type of insurance called? Why do we need title insurance on transactions? What are the different sources title insurance companies use to do research on the properties? How does title insurance use the statement of information form title requires on a transaction? Do you remember an interesting situation where title insurance had to come in and fix a problem? Are there any other questions I should have asked that I didn’t?
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