#TitleInsurance is an essential part of the #homebuying process, but many homebuyers don’t understand what it is or why they need it; so let’s talk about what it is, what it covers and what it costs 📄 What is title insurance? Title is your right to own or use your property. When you buy a property, what you’re really getting is the title. Title insurance protects that right. What does title insurance cover? Title insurance protects you from unknown things that happened in the PAST. A title insurance policy can protect you from property right claims, documentation errors or forged documents, fraud, liens, easements, and more. How much does title insurance cost? Owner’s title insurance is a ONE-TIME fee that’s very low relative to the value it provides and usually costs around 0.5% of the property’s purchase price. Ex) $500,000 home = one-time fee of around $2,500 for title insurance. Any questions? We’re happy to help! Leave any questions you have in the comments section 👇🏼 #title #insurance #homeowner #homebuyingtips #realestatetips #realestate

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House Match
941-260-0144
matt@housematchfl.com
6320 Venture Drive Suite 205
Lakewood Ranch, FL 34202

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