3. You need title insurance to protect both yourself and your mortgage lender.

The purpose of title insurance is to protect you and your lender from defects in the title to your home. Your lender will require title insurance before your loan is funded. Without title insurance for yourself, your down payment and any equity created over time is at risk should title defects surface. And once you have title insurance, you are protected from title problems and claims against your property even if they do not surface for decades.

So, where do you get title insurance?

• Know about escrow
• Know your closing
• Protect yourself
• It’s your choice
• One-time expense