Protect Your Title With Title Insurance in Denham Springs

Whether you are right in the middle of the home buying process and are read to settle, or you’re just starting to look at the market and see what might interest you, it’s likely that you’re wanting to ensure that all bases are covered and that you have performed all due diligence. While there are a large number of important applications and forms to complete, few aspects of the home buying process are more important than when you buy title insurance in Denham Springs. Available only prior to settlement, title insurance in Denham Springs provides financial security and peace of mind over your title. For this article, Louisiana Title Services, Inc - Title Insurance Agency has put together a list of Top Benefits of Title Insurance in Denham Springs.

Mortgage Applications

If you are looking to buy a home with borrowed funds, then it’s likely they will require title insurance. Just as you want to protect your own investment, so too does your lender. Before you meet with your mortgage lender for the first time, speak with Louisiana Title Services, Inc - Title Insurance Agency first to ensure you have all the documentation your mortgage lender is likely to need.

Protect Against Legal Fees

In the event that a previous owners or stakeholder of your title presents a legal claim over the title of your home, defending your right to ownership can be costly. After you buy title insurance in Denham Springs, these fees can be reimbursed by your insurer.

Tax Debts

While your tax debts may be clear, a previous owners may not be. In the event that a previous title owner has a debt with a federal tax agent (IRS) and are repaying monies owed, then it’s likely an official note has been placed against the title of your home preventing sale. In the event that the previous owner ceases to continue their payment obligations, the IRS can move to immediately foreclose your home to recover owed funds, leaving you only with whatever is left.

Separation

While it’s never nice to think about, when people get divorced it is usually a property that is stuck in the middle. In the event that the separation was not amicable, events arise where one of the partners sells the title of the home without the required consent or approval of their partner. In these events, homeowners are greeted with a knock at the door informing them that the person standing before them has a legal claim to the ownership of your home. In events like these, any financial claim can be covered with comprehensive title insurance in Denham Springs. Follow the smart home buyers path and ensure you buy title insurance in Denham Springs prior to settlement. Speak with Louisiana Title Services, Inc - Title Insurance Agency on (225) 769-2900 and find out more about how title insurance in Denham Springs can provide you with financial protection over the ownership of your home’s title.

A Fraudulent Document Was Used

With so many documents required for the transfer of a title, if all parties are not paying attention then small problems can slip through. Should one of these problems be discovered and it relate to a fraudulent document being found used for a previous title transfer, the transfer can be considered voided, with a domino effect leading to your ownership of the title being revoked.

Monies Owed for Work Completed

When a provider performs maintenance or upgrades to your home and they do not receive payment, they are entitled to place what is called a ‘mechanics lien’. In these instances, monies owed is usually taken from the next organic transfer of the title.

Continued Protection

One of the many benefits of title insurance in Denham Springs is its extensive level of protection that not only provides coverage for you, but for any heirs you may have relating to the property title. This continued coverage is included in the one-time payment made when obtaining the initial title insurance policy.

Where to Buy Title Insurance in Denham Springs

With so many reasons to protect yourself and the ownership of your home, it’s easy to see why smart home buyers are taking the time to buy title insurance in Denham Springs. If you are looking for ways to obtain peace of mind when it comes to the continued ownership of your title, speak with Louisiana Title Services, Inc - Title Insurance Agency on (225) 769-2900. Our trained experts can answer any questions you may have about how your decision to buy title insurance in Denham Springs can provide you with an unmatched level of protection when it comes to the ownership of your future home's title.