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100 Painters Mill Road Suite 200
Owings Mills Maryland 21117
Residential Title & Escrow Company Commercial Settlement Services, LLC


Why Is It So Important to Carry Owner’s Title Insurance?

Why do you need owner's title insurance?

Why do you need owner’s title insurance?

When it comes time to close on your new home, your head will likely spin with all of the numbers. Between your down payment, fees, taxes, and unexpected headaches, the costs of buying a home go far beyond just the asking price. One cost that many homeowners don’t truly understand is title insurance. After all, why should the owner of a property be required to purchase title insurance for a home that is legally theirs? The answer is: Because many things can go wrong with your claim to ownership and title insurance offers an important level of protection. Learn more about some of the most common title disputes that come up that prove why it is so important to purchase title insurance in this week’s blog, below.

Common title problems

While there are many different types of disputes that can put your property ownership in jeopardy, here are some of the most common:


  • Disputes with heirs. If a creditor makes a claim against a property sold by an heir that you now own, you may risk losing your home. In addition, if a previously unidentified heir comes forward to make a claim against your property, you will be left with little recourse if you did not purchase title insurance.
  • Forgeries. While you may be a trustworthy person, others who have come into contact with your property may not have such scruples. Forgery is a fairly common occurrence and if a forged title is entered into public record, it can cause huge headaches for you down the line.
  • Inaccurate property descriptions. Although property descriptions may look legitimate on the surface, if inaccuracies are later discovered and you don’t have the protection of title insurance then you could risk losing your new home.


These are only a few of the types of reasons why title insurance is so important. To learn more, contact the experts at Residential Title and Escrow Services today.


Get In Touch With Residential Title and Escrow Today

At Residential Title & Escrow, we bring peace of mind to the settlement table. If you are looking for a title company to help you through the closing process, please contact us today! You can also fill out our simple online title request form and one of our knowledgeable representatives will get in touch with you promptly. Be sure to follow us onFacebook,Twitter, Pinterest, and Google+ to stay up to date on industry news and events.


Residential Title & Escrow Company
100 Painters Mill Road Suite 200 Owings Mills, Maryland 21117
Phone: 410-653-3400