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15550 Wayzata Blvd
Suite 100
Wayzata, MN 55391
(952) 473-4331 Fax (952) 473-2088

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why title insurance?what is abstract?
I thought...Residential Owner's Policy

"I thought I was already getting title insurance."

Since the lending institution you get your mortgage from has a vested interest in your property, they require Mortgage Title Insurance to protect their interest.

There is an equally inportant type of title insurance for you -- an Owner's Policy.  This protects you for full value of your property (not just the amount of the mortgage).  For a one time fee it protects you against certain adverse claims which may not affect the lender's interest in your property, but could definitely affect your enjoyment and the resale value of the property.

The exact cost of your Owner's Policy will vary according to the purchase price and mortgage amount.  Please call (952) 473-4331 for a cost quote.




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