Title Insurance: Is It Necessary?

Title insurance protects property owners from unforseen claims against their legal ownership of the property.  Lenders may also require title insurance to assure that any loans secured by the property are sound and have priority.  There are many kinds of title defects such as a forgery, unpaid liens, or documents executed without proper authority which may render a title unmarketable.  If there is possible financial loss due to claims asserted against the title to your home you can be protected up to the face amount of the title policy.  This includes legal costs in case the title insurer has to defend your title against a covered claim.  Typically lenders will always require title insurance.  But even if you purchased a property in cash, would you want any part of your investment exposed to risk of title defects?  For more information on this topic please contact us (808)739-4174 | www.choicehomeshawaii.com.  

About the Author

Brandon Lau grew up in Kailua and currently resides in Honolulu with his wife Andee and children Caylah, Elijah, and David. His eighteen years in real estate led him to become a Partner at ChaneyBrooks Choice Advisors. Over the past 10 years he has developed the team and systems that has created a high level of service and value for his clients.

What differentiates Brandon and his team is his consultative approach to real estate. He advises clients with relevant data and expert insight to help them make the best choices in real estate. Good choices in planning for long term dispositions, negotiating for the best price or knowing when not to pursue an investment are ways his consultative services will give you an advantage in the marketplace. His bottom line is providing service with the utmost integrity and expertise.