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In most states institutional lenders require that a title insurance policy be taken out buy a real estate property buyer in order to secure a real estate loan. Most title insurance companies sell both title insurance to both title owners and the lenders who lend the owners money. Some title insurance companies specialize in residential title insurance and some specialize in selling commercial title insurance policies. Title insurance protects the title holder against any potential problems with the title. Many title insurance companies also some of these services: escrow; collection and trust activities; real estate information and technology services; trustee sales guarantees; credit reporting; attorney services; flood certification; real estate tax service; recordings; foreclosure publishing and posting services; and exchange intermediary services.
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