WHAT IS TITLE INSURANCE? For most of us, buying a home requires help with financing the purchase price. Your purchase loan is secured by the new home you are buying. Your lender will want to insure that the security for their loan is protected by title insurance and that you are the owner of record.  The Lenders Policy of title insurance insures policy. Many lenders condition their loans upon the purchase of a lenders Policy.

WHAT IS THE BUYER RESPONSIBLE FOR? According to real estate custom and practice you, as the buyer, will be responsible for paying the tile insurance premium for the lenders policy on your home loan. Equity Title gives you a big break on the cost for this important coverage. 

HOW IS THE PREMIUM CALCULATED? First, the premium is calculated on the loan amount, not the sales price of the property. Second, because the seller is providing you with an Owners Policy, Equity Title can give you a concurrent rate which results in a significant discount on the lenders policy. 

WHY CHOOSE EQUITY TITLE CO.? In the simplest terms, a title policy issued through Euqity Title Co. does say to you as the buyers “you own it” and puts the financial strength of one of the state’s largest title insurance groups behind you.

For more info. regarding Title please contact: Joe Galarze/Equity Title 310-804-5605.