WWW.HAUGENPROPERTIES.COM
Photos by: Matt Callahan, Callahan Photography
Haugen Law Firm, PC
1660
South Stemmons Freeway
Suite 170
Lewisville, Texas 75067
Office: (972) 436-8750
Title Insurance
is a policy purchased by a
trustee or mortgagor, which indemnifies the
holder from financial loss or harm stemming
from defects in the title to real property. A policy
of title insurance does not convey title; rather,
it protects an owner from defects in the title not
discovered in a title search, abstract of title, or
chain of title.
Possible title troubles, known as “hidden
risks”, may not be revealed until months or
even several years after you have purchased the
property. Even a title examination by a seasoned
abstractor or experienced real estate attorney
does not affirm that every title problem has been
recognized and resolved. These “hidden risks”
can end up costing you a fortune in attorney’s
fees, expensive lawsuits and the possibility of
losing your property.
There are many “hidden risks” that are
associated with purchasing property. That is why
it is vital that you purchase your title insurance.
Why wait until an unforeseen problem arises?
WHY TITLE
INSURANCE MATTERS!
10.
HAUGEN PROPERTIES MAG.
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SUMMER/FALL 2013