The legal and administrative fees associated with resolving title defects can be in the thousands of dollars. Beyond that, a competing claim of ownership could result in you losing your home! Title insurance coverage can provide protection from title defects and competing ownership claims related to them, but it’s up to you to take the first step. Speak to a title agent in Amarillo, TX about your coverage options today.
If you think you’re already covered, think again. The policy your lender required you to purchase on settlement day only protects their interest in your loan. If you want to have your legal expenses covered when a title defect arises, you will need to purchase an owner’s title policy. The team at World Wide Land Transfer will be happy to discuss your coverage needs and provide you with an affordable title policy. With more than 20 years in business, you can trust us to give you the assurance of knowing a title defect won’t become a nightmare for you.
Call us today if you are looking for title insurance in Texas communities, including Amarillo, TX.
One of the best aspects of having an owner’s title policy for your property in Amarillo, TX is that it can potentially provide decades of coverage for a single premium, and coverage can even span multiple generations. Not only can you be fully or partially covered for a range of title defects for as long as you own your home, you can also transfer your policy to your legal heirs after you pass away by bequeathing your covered home to them in your will. The assurance that comes from knowing you are covered can’t be underestimated.
Because title defects can arise at any time, it’s best to get covered as soon as possible. If you are in the process of purchasing real estate, we suggest starting the process well in advance of closing day. That way, you know you will be covered from day one. Of course, it’s never too late to protect your property. Even if you have owned real estate for years, you can still get a title policy that will cover you for anything that comes up in the future.
A standard title policy can provide protection for many common situations, including:
You may also choose to purchase additional coverage for some less common title defects, like those involving property line disputes, access issues, and mineral rights extraction issues. Real estate is one of the biggest investments you will ever make in your life, so you owe it to yourself to ensure that investment is protected. Speak to an experienced title agent at World Wide Land Transfer about your options.
In addition to being a top title insurance company serving Amarillo, TX, we can also provide escrow services for buyers, sellers, real estate agents, and more. Being a third-party escrow company requires trust and assurance, and following the terms of your settlement agreement is crucial. Rest assured that at WWLT, your settlement agreement is just as important to us as it is to you. We want to ensure your transfer goes as smoothly as possible. You can trust us to hold your funds, sensitive documents, and keys until closing is competed, then transfer everything in a timely fashion so you don’t experience any holdups.
As we mentioned, the time to get covered for title defects on your piece of real estate in Amarillo, TX is now. Call World Wide Land Transfer if you are looking for a reliable title insurance company in Dallas, TX and in other communities all across the Lonestar State.
