What Is Title Insurance & Why Do You Need It?

Title insurance is a type of protection for both the buyer and the lender. It helps cover financial losses related to any issues with a property’s ownership history — things like unpaid bills, liens, or disputes over who actually owns the property.

While it might not be the flashiest part of buying a home, it’s an important safety net that makes sure no one can come back later and claim ownership or unpaid debts tied to your home.

Good news — you only pay for title insurance once at closing, and then you’re covered for as long as you own the home.

Have more questions about purchasing, financing, or refinancing your home in Kansas? Chat with a Loan Officer at KCity Mortgage — we’re happy to help you make sense of it all.