Owning a home without title insurance is like going to war only armed with a pellet gun. You’re not going to do very well if you try to stand your ground.
Home ownership is nothing like going to war, but it can be a battleground of property disputes. Sure you get your survey done and your title search, but those only show the obvious landmines. You can’t see if there is an ambush your ownership—errors and omissions in the public records, undisclosed heirs, or even fraud and forgery.
Defense spending starts in the tens of thousands of dollars and escalates from there in legal fees—but not if you have title insurance. Title insurance can’t prevent an attack on your home ownership rights, but it can shield you from the shock wave of court costs to defend yourself. Title insurance provides and pays for the legal defense of your property title. And should you lose that battle, your title insurance policy will pay out the amount insured.
Having someone challenge your home ownership is a bad case scenario, but spending all of your own money on a legal defense, then losing your house anyway is a worst case scenario. Get title insurance for personalized homeland financial security.
Owning a home without title insurance is like going to war only armed with a pellet gun.