Juan A. Bueno, now celebrates over 15 years of title insurance service experience.  His Business Administration background & innovative international account management skills make him the best candidate to service your account. He is very dependable and can help you maintain a smooth process when both opening and closing your transactions. He makes it his responsibility to be accessible, efficient, and solution-oriented. That means you'll receive fast, efficient, and personalized attention on every call. To find out more, contact him today at (310) 486-3832

What is Title insurance and why do you need it?

Title Insurance is principally a product developed and sold in the United States as a result of an alleged comparative deficiency of the U.S. land records laws. It is meant to protect an owner's or a lender's financial interest in real property against loss due to title defects, liens or other matters.

Title insurance for property owners, called an Owner’s Policy, is usually issued in the amount of the real estate purchase. It is purchased for a one-time fee at closing and is valid for as long as the owner or his heirs have an interest in the property. Only an Owner’s Policy fully protects the buyer should a covered title problem arise with the title that was not found during the title search. Possible hidden title problems can include:

·       Errors or omissions in deeds

·       Mistakes in examining records

·       Forgery

·       Undisclosed heirs

Title insurance for mortgage lenders is called a Loan Policy. Most lenders require a Loan Policy when they issue a mortgage loan. The Loan Policy is usually based on the dollar amount of the loan and it protects the lender’s interests in the property should a problem with the title arise. It does not protect the buyer. The policy amount decreases each year and eventually disappears as the loan is paid off.