Title Insurance & Settlement Services
The Facts on Title Insurance
What is title insurance? Title insurance protects the home owner and mortgage lender against ownership disputes relating to your property. Title Insurance is a specific type of insurance, paid in a one-time fee during settlement, which protects you and your lender in the event of a dispute over the property’s rightful owner. Think of it…
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The cost of title insurance for a sale is determined by the purchase price for the property and for a refinance, the loan amount determines the price. Title insurance premiums, which are approved by the state department of insurance, are a one-time payment. In Pennsylvania, there are different title insurance rates for a home purchase…
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