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Providing valuable resources for our El Paso, TX Real Estate Buyers and Sellers is our top priority.
When you purchase a El Paso, TX home, the seller is a person who has extremely strong ownership rights to the property, as do his family and heirs. There also might be additional individuals who have ownership rights to the property you are buying. These may include governmental bodies, or people who have unpaid claims against the property. The property thus may be sold without any of these part-owners knowing.
However, if these part-owners surface and
make a claim to the property, will you get clear title? Title insurance
insures you, the buyer, against such cases. Title insurance companies
protect you, first, by title searching for any possible part-owners,
and second, by bearing the costs to settle any disputes over ownership
not prevented by the initial title search.
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Last Updated ( Tuesday, 29 July 2008 )
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