5 Things to Understand About Title Insurance

·        It protects the ownership right to the property both from fraudulent claims against ownership and from mistakes made in earlier sales, such as a mistake in the spelling of a person's name or an inaccurate description of the property.

 

·        Title insurance is a one-time cost usually based on the price of the property.

 

·        It's usually paid for by the sellers

 

·        There are both lender title policies, which protect the lender, and owner title policies, which protect the new buyer/ owner. The lender will probably require a lender policy.

 

·        Discounts on premiums are sometimes available if the home has been bought within only a few years since not as much work is required to check the title.

 

These are title companies operating in Big Horn County.

If you have a preference please indicate which title company you prefer.

Bighorn County Title Co.

1040 N. 6th Street

Greybull, WY 82426

 

Bitter Creek Title Co.

101 Ln 9

Powell, WY 82435

County Title Agency

 

417 West C Street

Basin, WY 82410