• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Danny Murphy & Associates

Homes for Sale in Orange County, CA

Find Danny Murphy & Associates:

  • Facebook
  • TikTok
  • YouTube
  • LinkedIn
  • Pinterest

Homes seen on this website may be for sale, in escrow, or sold. Please contact us today to learn about our most recent inventory, including homes not yet on the market.

  • Homes for Sale in Orange County, CA
  • Reviews of Danny Murphy & Associates
    • Facebook Reviews
    • Google Reviews
    • Zillow Reviews
  • What’s Your Home Worth?
  • Contact Danny
  • About
You are here: Home / Homeowner Tips / What Is Title Insurance & Why Do I Need It

What Is Title Insurance & Why Do I Need It

March 16, 2018

If you are a first time home buyer it can be difficult to navigate the ins and outs of the real estate world and all that comes along with it. Today we’re going to discuss Title Insurance and why it’s important that you check off that box when purchasing real estate.

If you are a first time home buyer it can be difficult to navigate the ins and outs of the real estate world and all that comes along with it. Today we're going to discuss Title Insurance and why it's important that you check off that box when purchasing real estate.

Title Insurance is not just important for first time home buyers. It’s important to make sure you are protected in the event that something in the past has not been settled. If an issue pops up and you don’t have Title Insurance you could be wind up losing your home before you have a chance to make it your own. Let’s take a look at Title Insurance and what it can do to protect you in the event of an unforeseen problem with your property.

What Is Title Insurance & Why Do I Need It

The purpose of a Title Insurance Policy is to protect the new owner’s interest in the property from things that happened in the past of which the new owners would have no knowledge without a title search. Problems with titles can limit your use and enjoyment of real estate and have negative financial consequences.

How do I get Title Insurance?

Your realtor will ideally help you secure Title Insurance along with all of your other paperwork during the buying or selling phase.

The process beings with a search of the public records for matters than affect both the property and the individuals linked to that property both past and present.

If something comes up, further research must be done to make sure that you are protected from these past issues.

What can I expect to find during a title search?

Here are some examples of the kinds of issues that appear on title searches:

  • Outstanding mortgages, deeds of trust, judgements, or tax liens
  • Deeds, wills, and trust that contain improper vesting, incorrect names or incorrect legal descriptions
  • Incorrect notary acknowledgements
  • Easements, Cc&Rs, and rights of other parties

Even with all the expertise that goes into a title search things can pop up during and after escrow that can have a hugely negative impact on the process and on you as an individual.

What kinds of things could cause problems for me if I don’t have Title Insurance?

These are some of the issues that can arise and be disclosed during a title search, Title Insurance protects your interest in the property in the event of:

  • Previously undisclosed heirs with claims against the property
  • Forged deeds that purport to affect the title of the property
  • Mistakes in the public records including but not limited to erroneous legal descriptions and the misspelling of parties names

How does title insurance protect you?

It gives you the security and protection against the many title issues that can arise which could potentially result in the loss of your home. In these cases, title insurance helps keep you from losing what may be the single most substantial investment of your life, your home.

Does everyone involved need Title Insurance, or just first time home buyers?

Lastly, when you are buying or selling real estate you might notice two Title Insurance policies.

One is taken out for the owners which ensures that the property is being conveyed or transferred to the new buyer at that time free of any issues (like the ones listed above).

The second one is taken out on behalf of the buyer which comes into play when the buyer is obtaining a loan to purchase the property and is required to protect the lender or lenders against title issues which would impact the value of the property going forward.

 

Here’s a video about Title Insurance to help you further understand the process!

 

Title insurance is very important, I hope this helps you understand what it is and why you need it! If you have questions about this process or if you have other real estate needs you can contact me today! I’m happy to help guide you through all of your home buying and selling needs.

Filed Under: Homeowner Tips, Real Estate Tips

Primary Sidebar

Danny Murphy & Associates

With more than 15 years of Southern California Real Estate experience, Danny is an expert in his field.

Looking to sell your home? Call Danny today to see how our industry leading marketing and exceptional negotiating skills can help you get more for your more.
(949) 413-6967
Danny@TheSoCalLife.com

dannyandassociates

FOR SALE! 18814 Santa Mariana St, Fountain Valley FOR SALE!
18814 Santa Mariana St, Fountain Valley 

The pleasant curb appeal of this modern farmhouse styled home has a rustic garage door and a fenced in yard perfect for kids and pets to play in. 

Call us to schedule a tour: 949-413-6967

#togetherwearefirstteam #togetherwemakeadifference #firstteamsurfcity #forsale #ocforsale #caforsale #realtor #realestate
Three reasons why homes don’t sell in today’s Three reasons why homes don’t sell in today’s market.

danny@thesocallife.com // 949-413-6967

#togetherwearefirstteam #togetherwemakeadifference #firstteamsurfcity #forsale #ocforsale #caforsale #realtor #realestate
Summer is upon us and this home is perfect to kick Summer is upon us and this home is perfect to kick off the season in. Not only is it one of the nicest single story pool homes in all
of Fountain Valley, it’s one of the nicest you will find in the surrounding cities as well. If you want a great entertainers home in a great neighborhood with amazing schools, then this is the home for you!
18814 Santa Mariana St in Fountain
Valley.
Come visit us during open house today
from 1-5:00 pm.
Listed for $1,299,888
You deserve this home!
Window treatments or a tree for privacy in the mas Window treatments or a tree for privacy in the master bathroom?

danny@thesocallife.com // 949.413.6967

#togetherwearefirstteam #togetherwemakeadifference #firstteamsurfcity #forsale #ocforsale #caforsale #realtor #realestate
Another Pool Home For Sale!!! This one YOU won’t Another Pool Home For Sale!!! This one YOU won’t wanna miss!! Come check it this weekend from 1-5PM on Sat. & Sun.!! 🏊‍♀️
.
.
.
.
.
.
#reels #instagram #reelsinstagram #fyp #viral #foryoupage #trending #luxury #interiordesign #interior #art #interiordesigner #masterbathroom #orangecounty #huntingtonbeach #fountainvalley #newportbeach #realestate
FOR SALE! 18814 Santa Mariana Street – Fountain FOR SALE!
18814 Santa Mariana Street – Fountain Valley, California + SINGLE STORY, ZEN STYLE POOL HOME IN HIGHLY DESIRABLE NEIGHBORHOOD WITH AWARD-WINNING SCHOOLS!

danny@thesocallife.com // 949-413-6967

#togetherwearefirstteam #togetherwemakeadifference #firstteamsurfcity #forsale #ocforsale #caforsale #realtor #realestate
FOR SALE // OPEN HOUSE 18814 Santa Mariana St, Fou FOR SALE // OPEN HOUSE
18814 Santa Mariana St, Fountain Valley 

Friday 6-2 from 10:30am-1:30pm
Saturday 6-3 from 1:00-5:00pm
Sunday 6-4 from 1:00-5:00pm 

Call for more info: 949.413.6967

#togetherwearefirstteam #togetherwemakeadifference #firstteamsurfcity #forsale #ocforsale #caforsale #realtor #realestate
JUST LISTED!! 18814 Santa Mariana St, Fountain Val JUST LISTED!!
18814 Santa Mariana St, Fountain Valley 
Single story, interior tract, zen style pool home with 3 bedrooms and 2 baths in highly desirable neighborhood with award-winning schools. 

OPEN HOUSE:
- Friday 6/2 from 10:30am-1:30pm
- Saturday 6/3 from 1:00-5:00pm
- Sunday 6/4 from 1:00-5:00pm 

Call for more info: 949.413.6967

#togetherwearefirstteam #togetherwemakeadifference #firstteamsurfcity #forsale #ocforsale #caforsale #realtor #realestate
Load More Follow on Instagram
 

Homes for Sale in Orange County:

Aliso Viejo
Anaheim
Costa Mesa
Fountain Valley
Huntington Beach
Irvine
Laguna Niguel
Lake Forest
Mission Viejo
Newport Beach
Orange
Orange County
Tustin
Villa Park
This information is based on information from the Association of Realtors/Multiple Listing as of the date the AOR/MLS data
was obtained and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.
The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.


Copyright © 2023 · Danny Murphy & Associates
 

Loading Comments...