Page 7 - Title Insurance Explained With Closing Tips For Buyers and Sellers

06

What does owner’s title insurance cost?
The one-time payment for owner’s title insurance is low
relative to the value of your home. It is generally a small
percentage of the purchase price.

How long am I covered?
Your owner’s title insurance policy lasts for as long as
you or your heirs own your property, giving everyone
peace of mind.

What happens at closing?
Closing is the final step in executing the homebuying
transaction. It is the process that allows the transfer
of ownership to occur. Upon completion of the closing
process, you get the keys to your home!

Where can I get more information?
The American Land Title Association helps educate
homebuyers about title insurance so you can protect your
property rights. You also can check out our website,
www.oldrepublictitle.com, to learn more about title
insurance and the home closing process.