What is title insurance? What is an escrow or escrow account?
Whether you are buying a property with cash or you are taking a loan, title insurance is necessary for the transfer of property. Title insurance is obtained through insurance companies , such as Riverside Abstract and is managed through a law firm specialized in real estate. Title insurance is purchased once and is in effect for as long as the owner has an interest in the property. Here, title insurance agents from Riverside Abstract will share more about what title insurance is and when it is needed.