Owners vs. Lender's Title Insurance: What's the Difference?
Owner's Title Insurance: Protecting the Buyer
Owner's title insurance is designed to protect the buyer's ownership rights to the property.
Lender's Title Insurance: Securing the Lender's Interest
If you're taking out a mortgage, your lender will almost always require the lender's title insurance. This policy protects the lender's financial interest in the property.
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