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Berkshire Hathaway HomeServices Fox & Roach RealtorsDevon Home Marketing
Center, 431 W Lancaster Avenue
Devon, PA 19333

5 “Must Have” Reasons You Need Title Insurance

What’s A “Cloud” On The Title?

Don’t Let a “Cloud On The Title” Rain On your Real Estate Parade –Title Insurance Buyers Main Line Chester County

Remember, Title Insurance is more than a line item on your HUD-1 Settlement Sheet. You need to know if there might be a “Cloud” On The Title. No Clouds and a Clear Title is where all of the ownership rights, liens, liabilities have been cleared or paid giving you a Deed with clear and marketable Title.

5 “Must Have” Reasons You Need Title Insurance –

  1. Fraud or Forgery – Mishandled, misfiled, deeds, tax liens and payoffs

  2. Wills/Trust Provisions– Undisclosed heirs and owners

  3. Similar Names – divorce, spouses, previous spouses, relatives

  4. Marital Status Misstated – Failure to review Property Settlement Agreements.

  5. Recording Errors – incorrect “metes and bounds“, “Historic Properties”, inconsistency in recorded deed and tax records

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