What is title insurance and must I have it? | EquiTrust Title Company | Brian J. Ditthardt | http://www.equitrust-title.com/ | (850) 845-0233 | 42 Business Center Drive, #106, Miramar Beach, Florida 32550Title insurance seems to be a mystery to most people, and it shouldn't. Purchasing a home is a big investment for you. You need to have that protection. There are hidden defects, forgeries, forged documents in a chain of title. Title insurance protects you against that, but there's other unhidden, discoverable defects, like a mortgage that needs to be paid off, or outstanding taxes, or municipality liens that are against the property. Title insurance protects you against all of these issues. Lenders require it. I would recommend that you have the same protection as a lender mandates.
