Pathway Title Insurance

Title insurance is a policy issued by an insurance company guaranteeing that the title to a parcel of real property is clear of any claims or liens and properly in the name of the title owner and that the owner has the right to sell or otherwise transfer the property to another party. The insurance company will pay the damages to the new title holder or secured lender, or take steps to correct the problem if a problem with the property ownership is later discovered, such as an incorrect boundary description.

Title insurance covers problems that did not show up during the title search or were missed by the examiner and errors in public records. Title insurance does not cover defects that occur after you purchase the property. Policies often exclude problems having to do with easements, mineral and air rights, and liens. Title insurance policies are paid in-full with a one-time fee which is usually part of closing costs, and typically split according to the terms of the contract. 

On average, the cost of title insurance ranges from $400 to $4,000 per policy as a one-time, upfront costs, The terms of the  policy will not change unless the owner sells or refinances the home,  making it a cost-effective investment for most property buyers.  The cost is dependent on the purchase price of the property, and the filed rate with the state. 

Our company has made a financial decision to benefit you!  Our goal is to have the lowest cost, with the best service possible.  Please take the time to compare and you will find out why we are the customers choice in title and settlement services.