Owning a home can be one of your most valuable assests. Therefore, it is imperative that you protect your investment. Main Street Title & Escrow will provide you with title insurance protection. Title Insurance is your guarantee that owning your home will be safe and secure for as long as you or your heirs maintain title to your home.

There are several factors that could jeopardize your ownership in the property you are about to purchase. Several parties could place a claim on your new home because of unpaid taxes, unpaid mortgages, judgments against previous owners, or other recorded claims against the property. Human errors can also cause a claim against your property. For example, recording mistakes can occur at the courthouse, errors in copying and indexing, ora defective foreclosure.

It is important to realize that the previous owners have strong rights as do their family and their heirs. For example, claims could arise from incorrect marital status or improper probate proceedings on prior owners.

There could also be contractors who performed labor and were never paid. In addition to all of the above there could be hidden claims too. For example, claims could surface because of fraud or forgery in previous documents, or deeds that were executed under expired power of attorney. We have just scratched the surface of only a "few" of the possibilities that could place a lein on your new home. When you purchase title insurance you eliminate the risk of loss from any claims made on your property.

If any undisclosed claim covered by your policy arises out of the past to threaten your ownership of your home, it will be disposed of, or you will be reimbursed, exactly as your title insurance policy provides.

Title insurance is purchased at the time you close on your home. You pay for this policy only once, unlike car or life insurance where you continue to pay each year. This one time purchase will protect you and your heirs as long as you possess title to your home.