What is the difference between Title Insurance and Owners title Insurance?

Credit and mortgage advice Forums Home Insurance What is the difference between Title Insurance and Owners title Insurance?

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 7 years, 5 months ago.



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    Anonymous

    Hi Friends,

    We are about to buy a home in Mason Ohio and the closing is expected to happen in a few days. I was asked by mortgage lender that if I would be intersted in ‘ Owners title Insurance policy’?

    Already there is a fees ($ 763.00) that I am paying as Title Insurance fees. So do I really need this extra protection of ‘Owners Title Insurance Policy’ and if so how will it help me to have this extra protection, when already I am paying for one.

    Any suggestions or feedback will be highly appreciated.

    Thanks
    Ram



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