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Home > Property Insurance Coverage > Title Insurance > Guaranty Title, Inc.
Guaranty Title, Inc.
Guaranty Title, Inc. was founded in 1902 by Cyrus Russell Wetherell and Helen Wetherell. Guaranty Title and Abstract Company was incorporated in 1978 and changed the name of the business to Guaranty Title Incorporated. Guaranty Title, Inc. has the oldest abstract records in Elmore County dating back to 1890.
Title insurance guarantees that no one else can claim your property. It also provides the peace of mind that you will not incur unexpected debts from your new property. Even if you have owned your property for years, unexpected problems can arise that may put your ownership in jeopardy. The title insurance policy means that your lender can be reassured regarding their loan, and you can be reassured regarding possible problems with your property.
There are numerous problems that can arise when buying a house. A previous owner could have taken out a loan on the property, which would become the new owner's debt. In a separation or divorce, the previous owner could have taken out a mortgage without the knowledge of their partner. A lost heir could appear and stake a claim to the property. Title insurance protects new owners from all of these claims.
If one of these problems occurs and you are without title insurance, you could be forced to move out. You could also legally be required to pay a debt on a house that is no longer yours. If you have fee title insurance, the title company will handle any litigation or payments towards your case. In the very rare case of title loss on your property, the title company can pay you or buy the mortgage from the bank.
Guaranty Title, Inc professional help you overcoming or avoiding these problems. Their staffs have over 60 years of experience in the title insurance business and long term escrow collection service. Guaranty Title, Inc is more than a business providing quality service to its customers. It's an symbol in the historical and cultural development of Elmore County.
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