I often have people question the need for title insurance. They feel that they can easily go down to the state recording office and find out any thing they need about a property.
I would never want to purchase a property without title insurance. There are so many ways to cloud a title that I am constantly learning about new ones. After 17 years in the business, I still find out about new title issues.
Here are some of the possible problems that title insurance will protect against:
Those are just a few problems, there are many potential pitfalls in the transfer of title that a title policy helps to avoid. Here is a list of 27 possible nightmares.
Mat-Su Title in Wasilla has an informative website. They also include some helpful forms.