Big Country Title
3409 South 14th St, Suite 110
Abilene, Texas 79605
(325) 698-9195
Click Here For An Instant Quote
Title Insurance Services
for Clients in Abilene, Sweetwater, Brownwood, TX & the Surrounding Areas
Title insurance and the title search that goes with it are extremely important parts of the real estate closing process. Without a property title search and real estate title insurance, you could be vulnerable if there are previous liens or judgments against the property you are planning to purchase. The last thing you want to worry about is being held responsible for someone else’s financial mistakes.
Big Country Title is here to make sure that doesn’t happen. Our title insurance services are thorough and complete, and the title insurance we provide protects you. With help from our title insurance company, you’ll be able to enjoy your new property without any worries.
Contact us today to learn more about our title insurance services or to request a residential and commercial title insurance quote!
What Is Title Insurance & Why Is It Important?
Title coverage is a unique coverage known as title insurance and it protects against hidden title hazards that may threaten your financial investment in your home. A home is usually the largest single investment that a person will make, and once you’ve found the perfect property all that is left to do is make the offer and prepare for closing. Unfortunately, the seller might not always be in a position to sell, due to something commonly known as a title defect which is any irregularity in the chain of title of property. This is why it’s important to buy title insurance. Without it, you could find yourself facing lengthy delays and excessive legal fees.
Although title insurance is not understood as well as other types of home insurance available, it is equally as important. When you are purchasing a house, instead of purchasing the actual building or land, you are really purchasing the title to the property – the right to occupy and use the space. That title may be limited by rights and claims asserted by others, which may limit your use and enjoyment of the property and even bring financial loss. Title insurance protects against these types of title hazards.
Title insurance requires an extensive title search of the property. By doing this extensive search, it minimizes the potential liability to the property owners by discovering any likely title issues. However, once a property owner purchases a property, title insurance may defend against any litigation that challenges the validity and legality of the new property owner.
Financial Protection Against Title Hazards
Hidden hazards can emerge after a real estate closing, which can result in unpleasant and costly surprises. Some examples of hazards include:
- A forged signature on the deed, which would mean no transfer of ownership to you. Forgery and fraud can delay a sale for months.
- If a property owner passes away without leaving a will, previously unknown family members with a legitimate claim to the property may come forward.
- Mistakes in public records can be made and although clerical errors are easy to resolve if they are found early, they can certainly cause delays.
- Creditors can file liens against real estate which must be resolved prior to the transfer of title. Property owners must also resolve unpaid taxes, child support, and legal judgments before they can sell.
Title insurance offers financial protection against these and other covered title hazards.
Contact One of Our Title Insurance Agents Today to Request a Quote!
When you are making a large investment like a real estate purchase, it pays to be thorough. Let the settlement agents at Big Country Title handle your title search and insurance needs for your next real estate purchase. Whether you are buying a home, a commercial property, or a farm or ranch, we have the knowledge and skills to protect your investment. Call (325) 698-9195 today to learn more or to start the real estate closing process. We proudly serve residential and commercial clients throughout the Abilene, Breckenridge, Eastland, Cisco, Clyde, Baird, Aspermont, Albany, Anson, Sweetwater, Brownwood, Throckmorton, Coleman, Haskell, Stamford, TX, and the surrounding communities.
