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What does a title company do?
A title company ensures that the title to a property is legitimate and then issues title insurance for that property. They conduct a thorough evaluation to ensure that the property that their issues are ironed out before giving you the title insurance you need.
Why do I need title insurance?
Title insurance is a must because it would protect you from any financial loss due to defects that could be found in the title of your property. It mainly protects buyers from any issues hidden by previous owners or sellers of the property.
How long does it take to get title insurance?
The process of acquiring title insurance may vary because of different factors. If the title of the property you want to buy has no issues, then it may only take around two weeks from the time the title company receives the necessary information.
