The Importance of Title Insurance

Title Insurance - You can not own a home without it!

There are many dangers in not having a clear title. Interesting fact: Abraham Lincoln lost his house twice over a cloudy title! Since Abraham Lincoln did not have "clear title" to the land, it was pulled out from underneath him and his family. In order for this not to happen to your land you must be educated on title insurance.

There are several ways you can hold title to a property. Just like the title on a car, you must also have a title to the land and home that you have purchased. To take title, you must declare the form of ownership in one of several ways. Each state governs how property can be held within its boundaries, so there may be other ways to hold title than just the three discussed here.

To learn more about title insurance, click here. For all your real estate needs contact Nolting Real Estate at www.noltingrealestate.com and/or 636-391-9997.