 |
|
||||||||||
 |
|||||||||||
Frequently Asked Questions (FAQs) |
What is title insurance? Title insurance is a contract given to you and your lender to indemnify against losses arising through defects in the title to the property. That means that the chain of ownership on the property is accurate as stated in the title, and all liens, if any, have been satisfied and removed from the title. MST will insure that you are receiving full and clear title to the property. When should I order title insurance? Call Main Street Title as soon as you have your loan commitment or contract of sale. |
How does title insurance work and why do I need it? Title insurance protects you against past hazards against your property. Title insurance is required by your lender. You cannot purchase a home or refinance without having title insurance. What are the fees relating to title insurance and my closing costs? The New Jersey Department of Banking and Insurance regulates all title
and closing fees. Contact our closing department to get an accurate estimate
of all fees relating to your order. Contact us at 201-883-6470 or |
