Shannon Allen Realtor

Real Estate in Norfolk & Virginia Beach VA

Norfolk VA Home Buyer Frequently Asked Questions – What is Title Insurance?

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Shannon Allen Norfolk VA RealtorNorfolk, VA – When buying a home in Norfolk VA, you will be asked if you’d like to purchase tittle insurance. Title insurance protects you, the new owner, of any problems affecting the property’s title that may arise at a later date.

Shannon Allen, Realtor with Judy Boone, in Norfolk VA explains, “There are two types of title insurance. The first is an owner’s policy which protects the buyer, and the second is a lender’s policy, which covers the lender. Your lender will purchase a title insurance police to protect their interest of the loan, but it is up to you, as the buyer, to obtain an owner’s title insurance policy to protect your interest.”

Both policies premiums are paid at closing. They are one-time fees, but the protection of coverage continues until, as long as you have the property. Common problems that can affect clear title include questions concerning legal ownership, errors in public records that were not discovered prior to the sale, liens against the property, and conflicts with wills or trusts. 

Having an owner’s policy offers peace of mind should any title issues surface down the road,” says Shannon Allen. If you’d like additional information about title insurance or real estate in Norfolk VA, contact Shannon Allen, Realtor, at (757) 647-3126 or  

Shannon Allen, Realtor

Judy Boone Realty | 809 E Ocean View Ave | Norfolk VA

(Cell) 757-647-3126  |(Office) 757-587-2800

shannon allen norfolk va realtor


Author: Shannon Allen Norfolk VA Realtor

If you’re considering buying or selling real estate along the beautiful Chesapeake Bay in Norfolk VA or Virginia Beach VA, you’ve come to the right place! Shannon Allen has been selling real estate in Norfolk VA since 2004 and is a great resource for both buyers and sellers. Whether you’re moving across town or across the globe, Shannon Allen understands the emotional and financial elements involved with any move, and she makes your purchase or sale both pleasant and worry-free with her professional experience and personal touch. When you buy or sell a home, condominium, townhouse, or investment property in Ocean View, East Ocean View, East Beach, or along the Chesapeake Bay in Norfolk and Virginia Beach VA with Shannon Allen, you get over 9 years of experience and the desire to assist you throughout the entire process. Shannon lives in Harbor Walk on Pretty Lake in East Ocean View, where she enjoys the wonderful amenities and lifestyle found only in Norfolk’s East Ocean View community.

One thought on “Norfolk VA Home Buyer Frequently Asked Questions – What is Title Insurance?

  1. Pingback: 5 Easy Ways to Increase Your Credit Score before Buying a Home in Norfolk VA | Ocean View Homes in Norfolk VA

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