Buying Process: Step 11
Title Review & Insurance:
Before closing, a title company or attorney reviews the property’s title to make sure it’s clear of liens, claims, or legal issues. You’ll also purchase title insurance, which protects you and the lender if any undiscovered issues arise in the future.
Why This Matters:
Ensures you’re buying a home free and clear of ownership disputes or debts.
Protects your investment in case a past owner or creditor has a claim against the property.
Gives you peace of mind that your ownership is secure and your lender is protected.