Question 1

What is title insurance?

Accepted Answer

Title insurance protects your ownership rights to a property. It covers you from past problems with the title - like unpaid liens, fraud, forgery, or disputes over ownership - so you can enjoy your home with peace of mind.

Question 2

Do I have to pay title insurance every year?

Accepted Answer

No. Title insurance is a one-time payment made at closing, and it lasts as long as you own your property.

Question 3

Can I shop around for title insurance?

Accepted Answer

In most states, title insurance rates are regulated, so the cost is generally the same. What matters most is choosing a trusted title company that provides thorough searches, reliable coverage, and great service.

Question 4

What’s the difference between a standard and enhanced policy?

Accepted Answer

An enhanced policy offers extra protection - including coverage for certain future issues, like fraud or forgery and even increases in value as your property’s worth grows. It’s often recommended by attorneys for the added peace of mind.

Question 5

Who pays for title insurance?

Accepted Answer

It depends on the state. Sometimes the buyer pays, sometimes the seller, and in some cases both share the cost.

Question 6

Does coverage grow if my property value increases?

Accepted Answer

Yes, with an enhanced policy, coverage can automatically increase up to 150% of the original policy amount over time.

Question 7

Where can I close on my property?

Accepted Answer

It’s your choice. You can close at your home, your attorney’s office, your realtor’s office, or one of our convenient locations.

Question 8

Can you prepare a deed for me?

Accepted Answer

Yes. Our in-house legal team can prepare a deed for a reasonable fee. Just reach out to us at info@aglobaltitle.com.

Question 9

What’s the difference between a lender’s policy and an owner’s policy?

Accepted Answer

• A lender’s policy protects the bank’s investment in your property.
 • An owner’s policy protects you, the buyer, from title issues.
 • We recommend both, so everyone involved in the transaction is protected.

Question 10

What is FIRPTA and why does it matter?

Accepted Answer

The Foreign Investment in Real Property Tax Act (FIRPTA) is a federal law requiring buyers to withhold 10% of the sale price if the seller is a foreign person. There are exceptions, but this is something we help coordinate during closing to ensure everything is compliant.

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