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Kim Kroner Realtor

Washington Dulles Real Estate Group

Expert Insights: What Is Title Insurance?

Title insurance protects the lender against an unclear title to the property you are buying. It is almost always a requirement for closing on a home. If you desire coverage as well, buy an owner’s policy, which will protect you against any title-search errors and losses that arise from disputes over property ownership. The cost of title insurance is usually a set value per thousands of dollars of the total loan amount.