Think You Don’t Need Title Insurance For Your Next Flip? Think again.

Who Needs Title Insurance?

In a word, you.

Imagine this. You find a great deal on a foreclosure in a hot neighborhood and spend four months renovating it to perfection. You list the property, find a buyer, and are about to take a victory lap when the unexpected happens—a previous owner contests the property title. Talk about taking the wind out of your sails.

Think it won’t happen to you? Don’t be so sure. Here at Navigator Private Capital (NavCap), we have seen title trouble occur more often than you would think.

That’s why we require our borrowers to obtain title insurance as part of the loan application process. It’s a small price to pay for piece of mind.

Clear Title Allows You To Obtain Financing

The risks to borrower and lender alike are perilously high when the property is not given a clear title right upfront. Why? Well, no lender (including NavCap) wants to risk tying up a significant amount of capital in a project that may end up in prolonged litigation over ownership. There is a very real possibility of losing any cash equity already sunk into the deal. Title insurance protects everyone involved from that scenario and, without it, most lenders would simply walk away from the deal.

Don’t Try to DIY

We know what you may be thinking. It’s the age of the internet! I can do my own title search and save a few dollars. As tempting as this idea may be, this is a job best left to the professionals. Publicly available information may not be accurate or up-to-date, and there is no way of knowing whether it is or isn’t. Why take the risk? Always get a preliminary title report on any property you’re interested in buying, and secure an insurance policy before signing on the dotted line.

Don’t Know Where To Start?

NavCap has been down this road many times, and we’ve worked closely with title companies that are fair and reputable. We can put you in touch with people who can help get your project started off on the right foot. Reach out to us at 443.603.0193 or at to discuss the ins and outs of our flexible financing arrangements. To get the ball rolling, fill out the pre-application on our website or, if you already have the house under contract, go ahead and complete the full application to ensure fast approval.