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Julie

Julie Larraza Cell: 602.750.8710
E-mail:julie.larraza@stewart.com
Website: www.Stewart.com/phoenix
21050 N. Pima Road #D105 Scottsdale, AZ 85255
What is a title?

Simply stated, the title to a piece of property is the evidence that the owner is in lawful possession of that property. 

What is title insurance?

Title insurance protects real estate owners and lenders against any property loss or damage they might experience because of liens, encumbrances or defects in the title to the property. Each title insurance policy is subject to specific terms, conditions and exclusions. 


How does title insurance differ from other insurance?

Insurance such as car, life, health, etc., protects against potential future events and is paid for with monthly or annual premiums. A title insurance policy insures against events that occurred in the past of the real estate property and the people who owned it, for a one-time premium paid at the close of the escrow. 

Many people are unfamiliar with what title insurance is, what it does for them and the benefits of having a healthy title industry. So we’d like to offer a quick glimpse into what we do for our customers day in and day out at Stewart and the benefits all Americans receive from the work done by the title industry.  More than likely, your home is your biggest investment, and we protect your interest in that investment. Title insurance protects real estate owners and lenders against any property loss or damage they might experience because of liens, encumbrances or defects in the title to the property. Each title insurance policy is subject to specific terms, conditions and exclusions. While other types of insurance (such as flood, auto or homeowners insurance) provide coverage that focuses on possible future events, title insurance protects against loss from hazards and defects already existing in the title to a property. Some examples of such defects might be improperly executed documents from a previous sale of a lien against a previous owner.