20 REASONS TO GET TITLE INSURANCE
Protect Your Property Investment with Longleaf Title Insurance
Defective titles can result in the loss of both the house and the land. Title insurance safeguards against such losses.
Forgeries in the chain of title can undermine ownership claims.
Deeds or mortgages may have been signed by underage or incompetent individuals.
Deeds or mortgages made after the termination of a power of attorney are void.
Similar names can lead to mistaken identity in property transactions.
Children born after the execution of a will can claim their rightful share of the property.
Fraud or duress can taint the validity of a deed or mortgage.
Titles transferred by heirs may be subject to federal estate tax liens.
Presumed deceased individuals may resurface and reclaim the property.
Titles dependent on void or voidable judgments or levies are at risk.
Title insurance covers attorneys' fees and court costs if there is a claim against the property.
Quickens negotiations when selling or obtaining a loan.
Simplifies the process of passing the title to others, eliminating delays.
Reimburses for covered losses incurred due to title issues.
Bankruptcy can render a deed or mortgage voidable.
Recording defects can jeopardize the validity of a title-related document.
Non-existent or divorced spouses can make claims on the property, which only title insurance protects against.
Rising title claims over the years highlight the need for protection.
Title Insurance is a one time payment, protecting you over the course of your (or your heirs) ownership of the property.
Title policies safeguard against unforeseen title defects that may not be revealed in an abstract or public records, nor included in any attorney's opinion.
When purchasing real estate in North Carolina, trust Longleaf Title to protect your interests. We have a proven track record in the title industry and understand the intricacies of North Carolina's title laws.
A comprehensive title insurance policy from Longleaf Title is essential for owners, purchasers, and beneficiaries. Your investment relies on a high-quality title policy, and omitting title insurance leaves your security incomplete.
Longleaf Title hopes you never experience a title claim, ensuring your peace of mind. So whether you're a seasoned investor or a first-time buyer, request Longleaf Title Insurance through your attorney or real estate agent for a secure and worry-free transaction.
For questions and more information, contact us!