Monday, 6 April 2015
Los Angeles Real Estate Lawyer: On the Importance of a Title Insurance
Imagine this scenario: a man shows up on your front door, claiming that his signature was forged in the deed of the property, and that the house you’re living in is technically his and not yours. His case is proven to be valid, and you somehow manage to lose the place you’ve been calling home for the past ten years. As implausible as all these may sound, the possibility of suffering losses due to situations like this will always exist− and without the right protection, can leave you without a home, and with money spent on the house going down the drain. There are a lot of essential factors to consider when buying a new home in Los Angeles. It’s important for home owners to ensure that a property not only provides comfortable living conditions, but is also insured from possible legal problems. This is where the need for a title insurance comes in.