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My previous blog regarding buyer's title insurance (aka owner's title insurance) outlined the differences between lender's and owner's policies, and some of the serious pitfalls of not purchasing your own title policy at closing. An owner's title policy is different from a lender's title policy; it protects the homeowner from things a title search might have missed. It's a one-time payment made at closing, probably $300-$400, which covers the you for as long as you own the home.
But don't just take it from me. Bridget is a title insurance provider for a major title insurance company. She was kind enough to contribute this blog, and summed it up far more eloquently than I could. Here's what she has to say.....
"As a WV ti...
Bill Porter, Broker
(304) 612-3746
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