Two Policies, Two Different Purposes When you close on a home, you'll likely encounter two separate title insurance policies: one for your lender and one for you as the owner. While they sound similar and are often purchased at the same time, they protect very different interests, and understanding the distinction can save you from …
Read more Owner’s Title Insurance vs. Lender’s Title Insurance: What’s the Difference?
Why Refinancing Involves Title Insurance Even though you already own your home, refinancing means taking out a brand-new loan with a new lender, and that new lender wants its own title insurance policy protecting its lien position on the property. It doesn't matter that nothing has changed about who owns the home; the new mortgage …
Read more Refinancing Your Ohio Home: Do You Need a New Title Insurance Policy?
You've found the right home, signed the purchase agreement, and you're days away from closing. Then your title company uncovers a lien from a contractor who worked on the property three owners ago — and it was never paid off. Without owner's title insurance, that debt could become your problem. This scenario plays out more often than most buyers expect. Owner's title insurance is …
Read more What Is Owner’s Title Insurance and Do You Need It?