The Roots of our company run deep in Boundary County and that gives us the stability to grow with this community into the future!
You have a choice!
Because you pay a majority of the closing costs, you have a legal right to choose your title company. Exercise you rights – put Boundary Abstract,Boundary County’s oldest locally owned and operated Title Company, on your Purchase and Sale Agreement.
The two most common types of Title Insurance are the Owner’s Policy and the Mortgage Policy. An Owner’s Policy protects the buyer of a piece of real property. The Mortgage Policy protects the lender. Other types of title insurance policies cover other special circumstances.
How much are the Title Insurance premiums?
You don’t pay monthly or annual premiums to keep your title insurance – you pay it just one time, typically at closing. Then you’re covered for as long as you own your home. A mortgage policy lasts until the covered loan or mortgage is paid in full.
The premiums for title insurance are figured on the purchase price and/or the loan amount, depending on whether it is an owner’s policy or mortgage policy. It is also determined on the amount and types of coverage provided. If you have purchased a title insurance policy issued within the last two years, you may be entitled to a reissue credit.
For many owning Real Estate is a dream
Such a dream takes meticulous planning, money and a significant amount of thoroughness to achieve. Let Boundary Abstract Title Insurance Company assist you in protecting your investment… your Dream.