What Is The Importance of Title Insurance When Refinancing?
A good question! When you bought your property, if you are like most owners, you took out a mortgage. As part of that process you bought both ‘Owner’s Title Insurance’ and ‘Lender’s Title Insurance’. Let us say you do not have a long-term fixed interest rate mortgage, and you decide to take advantage of the currently-low mortgage rates. Or, you have a lot of equity in your home that you want to release, so you decide to refinance. You have two choices – shop around for a new