FAQ

Q

Why Do You Need Title Insurance?

Protection for your home: Owning a home is a big expense, issues with the title of your property can put you as risk for significant financial loss. Lenders Require A Policy: The lender has a great deal of interest invested into your home, they have a policy that protects them against any unknown problems that can arise. This does not cover the owner which is why we recommend you request an  Owner’s Title Insurance Policy. For more information click here


Q

Who Is Covered By Title Insurance?

The Lender and The Buyer. The lender is protected for the outstanding balance owed. The buyer is protected if there is ever a claim filed against the title of the property.


Q

Where Do I Get Title Insurance?

Contact1st Equity Title & Closing Services to quickly, efficiently and accurately process your commitment and policy.


Q

How Much Does Title Insurance Cost?

A value directly related to the value of your home is what determines your one-time premium. This one-time expense will cover you for the entire time you own your home.