Law Office of Bethzaida Sanabria-Vega - Why do I need title insurance on a refinance?

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Why do I need title insurance on a refinance?

Title insurance on a refinanced mortgage is usually offered at a reduced rate, and it assures your lender that you actually own the property. It insures that no one else has a preemptive position in front of the lender, and if someone does, it pays the lender's losses.

Law Office of Bethzaida Sanabria-Vega, 1145 Main St., Suite 403, Springfield, MA 01103; Phone: 413.746.4654, Fax: 413.737.0377