This is a good question for us as your Listing Agent Houston or Listing Agent Dallas.
This question comes up sometimes through conversations on how to sell a house. There are things you may or may not need in Real Estate, but a Title policy is essential for the safe transfer of a home.
Free and Clear
Title Policy is the insurance that covers the mishandling of the deed transfer. This is very important for the future owner, because it gives a guarantee that the home is free and clear.
There are only so many underwriters to this type of insurance, companies like First American Title, Chicago Title and Stewart Title. Most Title companies just handle the paperwork and these Title giants handle the policy itself.
Can I transfer a deed without policy?
Yes you can, but it may mean that there may be further issues in closing the home without a proper Warranty Deed. So let us save you with a low commission realtor option for when you list your homes. But we recommend you do not push the savings on fundamental items of transfer like Title Policy.