Crystal Clear
Title & Escrow
Agency
Phone: (231) 882-8911
Email: info@crystalcleartitle.biz
FREQUENTLY ASKED QUESTIONS:
What is title insurance? Title insurance is protection against loss arising from problems connected to the title to your property. Before you purchased your home, it may have gone through several ownership changes, and the land on which it stands went through many more. There may be a weak link at any point in that chain that could emerge to cause trouble. For example, someone along the way may have forged a signature in transferring title. Or there may be unpaid real estate taxes or other liens. Title insurance covers the insured party for any claims and legal fees that arise out of such problems.
Is purchasing title insurance obligatory? It is if you need a mortgage, because all mortgage lenders require such protection for an amount equal to the loan. It lasts until the loan is repaid. As with mortgage insurance, it protects the lender but you pay the premium, which is a single-payment made upfront.
*new CLICK HERE to download & print our Order Form (requires PDF reader)
Fax: (231) 882-8944 - P.O.BOX 169 - 57 N. Michigan Ave., Beulah, MI 49617