A4HB Homebuyer's Blog

Title companies insure real estate buyers that once they’ve purchased a property they actually own it. They insure against intentional fraud, such as the renter who pretends to own a property and sells it. They also insure against technical mistakes that might create questions about your ownership of the property after you close.   Prior to the emergence of title insurance companies, buyers hired lawyers to review the legal history of a property, disclose or correct any issues concerning the true ownership of the property, and then write a legal opinion called an “abstract of title” outlining the terms under