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Last Updated: Jul 2nd, 2008 - 21:15:22 |
(NAPSI)-If you plan to buy a condo, you may want to learn more about protecting your investment. Condos, like single-family homes, carry titles. Many people do not realize there can be as many problems with the title to a condo as with other homes. That's where Owner's Title Insurance comes in.
Before you purchase the condo, your lender will require a title search. The American Land Title Association reports that problems with titles are found in one out of four title searches. The title company works to clear any title problems before you take possession. And if a title problem arises later that should have been found, you will be covered-but only if you purchase Owner's Title Insurance.
Protect your most costly investment with a one-time fee at closing. Insist on Owner's Title Insurance.
To learn more about the importance of Owner's Title Insurance, visit www.alta.org.
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