Here at Bitter Creek Title Services, Inc., we are dedicated to you and all your Title insurance needs.
We've been around for over 10 years and we have Park County Wyoming Only Licensed Title Insurance Agent on staff. Family owned and operated.
Member of the American Land Title Association, Wyoming Land Title Association and National Independent Title Agents Association.
An owner’s policy protects you from:
Unpaid property taxes
Child support liens
Missing heirs who could claim the property belongs to him or her
Missed easements or rights of way that could limit your use of the property
There are two types of title insurance policies. As mentioned, the owner’s policy protects the homebuyer.
A loan policy protects the lender. Most lenders usually require a loan policy when they issue you a loan. The loan policy is based usually on the dollar amount of your loan. It only protects the lender’s interests in the property should a problem with the title arise. It does not protect the buyer. The policy amount decreases each year and eventually disappears as the loan is paid off. An owner’s policy, usually issued in the amount of the real estate purchase, provides protection for as long as you or your heirs have an interest in the property.