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Title Insurance
Lakeside Title and Escrow is here to take the hassle out of your Title Insurance needs. With our experienced team, you can trust that your real estate transactions are in safe hands. We your peace of mind and ensure a smooth process from start to finish. Choose Lakeside for reliable service and expert guidance every step of the way.
Title insurance is essential because it protects property buyers and lenders from financial loss due to defects in the title of a property.
Here are the key reasons why it's important:
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Protection Against Title Defects: Title defects can include issues such as unresolved liens, fraudulent signatures, mistakes in public records, undiscovered heirs, or ownership disputes. Title insurance protects you if a problem arises that challenges your ownership or rights to the property.
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One-Time Payment: Title insurance is typically a one-time premium paid during the closing process, providing long-term protection. It covers legal costs and other expenses if a title issue arises.
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Identifying Past Issues: During the title search process, the title company looks for any previous claims or issues on the property’s history that could affect your ownership. This helps uncover problems before the sale is completed.
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Peace of Mind for Buyers and Lenders: For buyers, it ensures they have clear ownership of the property and can enjoy it without threats of future legal claims. For lenders, title insurance protects their interest in the property (typically through lender’s title insurance) by securing their loan in case the title is disputed.
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Legal and Financial Protection: If a title defect leads to a claim against the property, title insurance helps cover the cost of defending the title in court or settling the issue. This can save you from significant financial losses.
Overall, title insurance helps reduce the risk of losing the property or incurring financial hardships due to title issues that may not be apparent during the property purchase process.
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We are licensed with multiple insurance underwriters allowing us flexibility. Please reach out and contact us with any questions you may have pertaining to title insurance, we are here to help!
Why Hire Lakeside Title and Escrow?
By working with Lakeside Title and Escrow you will have the peace of mind knowing that we protect you from potential title issues, ensuring legal compliance, and facilitating a smooth real estate transaction. We offer a range of services, from conducting title searches to providing title insurance and managing the closing process. Our expertise in navigating the complex legal and procedural aspects of property transfers gives all parties involved confidence that the transaction is secure. Spend more time with your family while we handle the details!