The Breakdown Of a Title Commitment

The entire home buying experience can feel like an overwhelming blur of documents and paperwork. Of course it is important to look over all these documents, there is one in particular that is especially important to read.

Just like no two properties are the same, no two title commitments are the same. The title commitment is the title company’s promise to issue you a title policy after closing. The title policy is what the underwriter has decided to protect you and your lender from. The title commitment also outlines what you and your lender are not protected from.

This is why it’s so important for home buyers to understand the basics.

Here Is What You Need To Know About The Title Commitment

 

The Breakdown of a Title Commitment

 

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