Title Insurance in Corpus Christi

Title insurance and the title search that goes with it are extremely important parts of the real estate closing process. Without a proper title search and insurance, you could be vulnerable if there are previous liens or judgments against the property you are planning to purchase. The last thing you want to worry about is being held responsible for someone else’s financial mistakes.
Our law offices are here to make sure that doesn’t happen. Our title search services are thorough and complete, and the title insurance we provide protects you.  With our help, you’ll be able to enjoy your new property without any worries.

Find out more about title insurance. Get in touch with us today.

What is Title Insurance and why is it important?

Title coverage is a unique coverage known as title insurance and it protects against hidden title hazards that may threaten your financial investment in your home or business. A home, for example, is usually the largest single investment that a person will make. Once you have located your purchase, an offer must me made and then prepare for closing the deal. Unfortunately, the seller might not always be in a position to sell. Irregularities in the chain of title of property can arise. These are know as title defects. Title insurance is the best way to avoid delays and excessive legal fees.

Although title insurance is often misunderstood, it is just as important as other types of insurance available for home, business, or industry. When you are purchasing a house or business, instead of purchasing the actual building or land, you are really purchasing the title to the property – the right to occupy and use the space. That title may be limited by rights and claims asserted by others, which may limit your use and enjoyment of the property and even bring financial loss. Title insurance protects against these types of title hazards.

Title insurance requires an extensive title search of the property. The search minimizes the potential liability to the property owners by discovering any likely title issues. Once the property is purchased, the title insurance helps to defend against any litigation that challenges the validity and legality of the new property owner.

Financial Protection Against Title Hazards

At times real estate closings can reveal that can result in unpleasant and costly surprises. Some examples of hazards include:

• A forged signature on the deed, which would mean no transfer of ownership to you. Forgery and fraud can delay a sale for months.
• If a property owner passes away without leaving a will, previously unknown family members with a legitimate claim to the property may come forward.
• Mistakes in public records can be made and although clerical errors are easy to resolve if they are found early, they can certainly cause delays.
• Creditors can file liens against real estate which must be resolved prior to the transfer of title. Property owners must also resolve unpaid taxes, child support, and legal judgments before they can sell.or

Title insurance offers financial protection against these and other covered title hazards.

Contact Us today for a Title Examination from our Escrow Officers

It is important to be thorough when you are making a large investment.  The Law Office of Jacyr Heil will take care of your title search and insurance needs for your next real estate purchase. Whether you are buying residential, commercial, or industrial property, rest assured that we have the knowledge and skills to protect your investment.