Title Insurance? What is it? What does it do for me?

An integral part of purchasing a home is obtaining title insurance. What is it, what does it do? What does it NOT do? Those are the questions that I would like to answer. Let me advise you upfront that the matter of title insurance is quite complicated and I will be giving you only a very general overview here. But it is a very important part of the real property purchase/sale endeavor so to be educated, you need some background information to start with. Anything more complicated will require you to get in touch with a title company representative.