Unlike in the case of other types of insurances, most homeowners may have little knowledge about title insurance. And that is why a Colorado realtor can help you deal with title problems.
Title insurance offers protection from past events regarding a property’s ownership. If there are any problems with the title insurance that means that the seller cannot transfer his property to a buyer or that a lender cannot issue a mortgage loan.
In other words, title insurance does not offer guarantees that there are no unsolved issues with the title, but it ensures the fact that there are no problems which may block the transfer of a real estate property from seller to buyer.
In case you need new title insurance, you may have to look for a title company. And to find the best company for your specific situation, you can ask for help from the part of a Colorado realtor. The title company is typically required to give you the policy within a period of 90 days after the close of the home sale.
When shopping around for several different quotes, you should ask your realtor for names of a few title insurance agents or companies that they have previously worked with.
If you are looking for an authority on houses for sale in 80602, one that can help you navigate title insurance, loan processing etc, give Tom Ullrich a call for acclaimed service.