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Owner’s vs. Lender’s Title Insurance

One of the most common questions we get at Wooden Title & Escrow is: What is the difference between owner’s & lender’s title insurance? Both policies protect the recipient if there’s a defective title.

Who Pays for Title Insurance?

In just about every state, the buyer is required to pay for the loan policy, or lender’s title insurance. However, the party responsible for paying an owner’s title insurance policy can vary from state to state. Your lender will usually include this information as part of the loan application and closing process.

How To Protect Your Home With Title Insurance

Wooden Title & Escrow, LLC offers the superior protection of the Homeowner’s Policy of Title Insurance, delivering more complete risk coverage, which translates to greater peace of mind for homebuyers. Buying a new home is one of life’s most gratifying experiences and might be the biggest investment you will ever make. As you approach closing day, however, all those details can be overwhelming. It’s easy to overlook the single most important step in the entire process – the purchase of title insurance on your wonderful new home.

Top 10 Reasons to Choose Wooden Title & Escrow For Your Title Insurance

Wooden Law Firm has a specific division completely dedicated to Real Estate Law – Wooden Title & Escrow, LLC. Our real estate legal team is an authorized policy-issuing agent for Old Republic Title Insurance Company. If you’re looking for title insurance or are buying a home or commercial property, contact Wooden Title & Escrow today to learn more about how we can help with the process.

Title Insurance FAQs

Title Insurance is a means of protecting yourself from financial loss in the event that problems develop regarding the rights to ownership of your property. There may be hidden title defects that even the most careful title search will not reveal. In addition to protection from financial loss, Title Insurance pays the cost of defending against any covered claim.

Steps to Buying a Home

If you’re a first-time home buyer, you may be overwhelmed by the different steps in the process. Wooden Law Firm is here to outline each detail and make sure the process is as smooth as possible for you and your family. Purchasing a home can be intimidating, but it all breaks down to a set of steps. Hiring an experienced real estate lawyer can ensure the process runs smoothly from beginning to end.