When you buy a home, or any property, you expect to enjoy certain benefits from ownership. For example, you expect to occupy and use the property as you wish, to be free from debts or obligations not created or agreed to by you, and to be able to freely sell or pledge your property as security for a loan. Title insurance is designed to cover these rights.

The lender’s policy covers only the amount of the loan, which is usually not the full property value. In the event of an adverse claim, the lender would ordinarily not be concerned unless its loan became non-performing and the claim threatened the lender’s ability to foreclose and recover its principal and interest. And, in the event of a claim there is no provision for payment of legal expenses for an uninsured party. When a loan policy is being issued, the small additional expense of an owner’s policy is a bargain.

Always bring a government-issued ID Card, such as your driver’s license. Some lenders require two forms of identification.

If you are married, your spouse will most likely need to be in attendance and need to have their own government-issued ID.

Certified or Cashier’s Check for your down payment and closing costs. You can find out the exact amount you will need to bring by contacting your lender or our office a day before your closing. You may also wire the funds and a representative at our office can assist you with this as well.