Despite all the legal proceedings that we have in place these days regarding the possession of land and property, there always remains a chance the documents that have handed to you have a defect. We, at Advanced Abstract, offer to help you should such a situation arise. All you need to do is invest in a good title insurance policy which will protect you monetarily should a defect arise in the papers of the property. This is even more essential for a commercial lender who is using the property as a mortgage. This sort of policy seeks to indemnify the holder from any economic loss in case a dispute arises between the buyer and the seller. There are not too many firms in the market that provides this sort of policy to customers, thereby making us the go-to firm in the areas of Reading PA, Allentown PA, Bethlehem PA, Easton PA, and Stroudsburg PA.
Here, we have made a list of 3 important reasons why you should certainly invest in a policy that protects you against defects in the legal papers of a property. Take a look.
- Financial Assistance
In the case of a dispute, you can get the value that you are promised should you file a claim. In this way, you are completely protected financially. This money cannot be taken away from you on any accord.
- Protection Against Fraud
If there are fraudulent activities involved in the making of the legal papers which are brought to notice to a court of law, you can file a claim with the agency that you have purchased the policy from and remain unaffected by any incident.
- Uses During Resale
If you are thinking of reselling the property and in such a situation, the defects in the papers are noticed you can use the policy to get your money without any problems.
So, if you are thinking of getting such a useful policy then you should give us a call at 610-740-9100, without any further delay.