Title Commitment vs Title Insurance Policy-The Differences Explained
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🔑 Buyer Tip Most First-Time Buyers Miss: Lender’s title insurance does not protect you. While lender’s title insurance is required and protects the bank’s position in the transaction, it does not insure the buyer’s ownership of the home. That’s where an Owner’s Title Policy comes in. 🛡️ Why an Owner’s Title Policy matters: ✔️ Protects your ownership rights ✔️ Covers unknown liens, judgments, or title defects ✔️ Confirms you have clear, marketable title ✔️ Provides long-term protection for as l
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