WHY TITLE INSURANCE?
Abraham Lincoln lost his home twice because someone else had a better claim to the land. Daniel Boone eventually lost every acre of his vast landholdings after pioneering the Kentucky wilderness because he had the wrong papers. First American Title Insurance Company was established over 100 years ago to protect buyers from the hidden hazards of real estate ownership.
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Michael Saunders & Company has chosen First American Title Insurance Company, one of the largest and most prestigious title underwriters in the country, to be the underwriter for MSC Title. Read more
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First American Title Insurance Company was established over 100 years ago to protect buyers from the hidden hazards of real estate ownership. Michael Saunders & Company has been providing unparalleled real estate services for over 25 years. By joining forces with First American Title Insurance Company, Michael Saunders & Company can now provide the all important service of title insurance through MSC Title. This ensures you the full services of one trusted company for all aspects of your real estate transaction.
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Why do I need title insurance?
Title insurance is an insured statement of the condition of your title of ownership rights to a particular piece of property. The title insurance policy describes your property in detail and states what limitations, if any, there are to your ownership. For example, you may take ownership of the property, subject to existing liens or encumbrances, or you may not own the mineral rights, or easements may have been granted to utility companies or adjacent property owners. Most importantly, the title insurance policy guarantees that the property you are purchasing is free from undisclosed liens, confusion regarding rights of ownership, and other clouds overshadowing the title.
A title insurance policy provides peace of mind by taking the risk out of acquiring property whose legal history is unknown to you.
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MSC Title Insurance will protect you from the following types of claims or risks:
- Erroneous or inadequate legal descriptions
- Lack of competency, capacity or legal authority of a party
- Forgery and impersonation
- Deed not joined in by a necessary party
- Undisclosed recorded easement or use restriction
- Lack of a right of access
- Deed not recorded in proper county
ORDER TITLE INSURANCE
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