When you’re buying a home, you often need to purchase various kinds of insurance — this, of course, includes title insurance. If someone else attempts to claim ownership over your new home, title insurance can protect you. On the fence about whether purchasing title insurance is actually worth it? In that case, let’s look at the cost: generally, a title insurance policy will cost around $1,000. Still, this cost can vary from one policy to another. It can also vary from state to state and is partly dependent on the cost of your property. Interested in learning more about title insurance and whether it’s for you? Reach out to us today.
A real estate inspection or home inspection is not an appraisal or a check for compliance with building codes; it’s also not an evaluation of environmental hazards. See the NYS Standards of Practice for more information on the limitations of a home inspection.
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