Title insurance has been making headlines lately, so let's talk about why it's in the news and why it's a worthwhile investment.
In his State of the Union address, President Biden announced his administration was eliminating the title insurance requirement for certain mortgage refinance transactions.
While critics often focus on the cost of title insurance, the truth is that protecting your home investment should be a non-negotiable. It can be helpful to think of title insurance like a shield - it helps prevent problems before they arise, not after (like most other insurance policies).
With title insurance, exhaustive searches ensure your property's history is clean. And with 1 in 3 transactions facing title issues, that diligence pays off. Moreover, the single upfront payment for title insurance secures your investment for life, covering you against potential losses, even decades down the line.
Title insurance safeguards your most significant asset for a fraction of the cost over time. Don't just see it as a cost, see it as a smart investment in your property's future. #TitleInsurance #ProtectYourInvestment #WACOTitleCompany