News Briefs
Stay up to date on current News & Issues.
Bucks County -
Open space to increase by 322 acres in Bucks
Chester County -
Gerlach proposes single task force for pipeline plans
Delaware County -
SEPTA rolls out service expansion for Delco
Montgomery County -
New home construction in Montco declined last year
Title Insurance
5 Things to Understand about Title Insurance
- It protects your ownership right to your home both from fraudulent claims against your ownership and from mistakes made in earlier sales, such as mistake in the spelling of a person's name or an inaccurate description of the property.
- It's a one-time cost usually based on the price of the property.
- It's usually paid for by the buyer.
- There are both lender title policies, which protect the lender, and owner title policies, which protect you. The lender will probably require a lender policy.
- Discounts on premiums are sometimes available if the home has been bought within only a few years since not as much work is required to check the title. Ask the title company if this discount is available.
