*This information is provided for informational purposes only and should not be construed as legal advice. We encourage you to seek legal counsel to help you make an informed decision. Sellers may not use a Power of Attorney for any contractual or conveyance documents. Properties held by a Trust are subject to approval.
The Attorney Opinion letter is a great alternative to a title insurance policy at a fraction of the cost.
Attorney Opinion Letter
Traditional Insurance Policy
Issued only after a thorough title search is performed.
Buyer is protected by Seller's Warranty in the Warranty Deed.
Buyer and Lender are protected against errors and omissions made by provider.
Accepted by Fannie Mae on most conventional loans.
Buyer and Lender are protected against fraud or forgery in prior conveyance deeds.
Legal costs to defend buyer's and lender's interest in the property may be covered.
Title search is reviewed by a licensed attorney to determine risks.