C&F Title Agency

C & F Title Agency, Inc. is committed to providing the highest quality title insurance products. We are a full service lender-owned title insurance agency serving the Commonwealth of Virginia since 1997. We pride ourselves in providing exceptional service at competitive prices.

C & F Title Agency, Inc. offers an affordable one-time premium that protects you against financial loss if someone challenges your ownership – even if the claim occurs years after you purchase your home.

These are some of the risks protected under a title policy:

• Forged documents
  
• Clerical errors in public records
  
• Fraud
  
• Unpaid taxes
  
• Signature of minors
  
• Deeds from mentally incompetent persons
  
• Undisclosed or missing heirs or previous owners of the property
  

What is Title Insurance?

Title Insurance is an insurance policy that protects the policy holder should the condition of title be adversely affected. Title Insurance coverage includes: clerical errors in public records, easement issues, forged documents, fraud, judgments, missing or undisclosed heirs of previous owners, survey violations, and unpaid taxes.

What is an Owner’s Title Insurance Policy?

It is a title insurance policy insuring the owner against loss due to defects in the title that are not excluded from the policy. The coverage lasts forever, protects you and your heirs, and continues even after you sell the property. To obtain this coverage you pay a one-time premium at closing. In the event there is claim against your title in the future, the title insurer, without expense to the policy holder, will defend you against any attack on the title to your property as insured.

We encourage you to speak to your closing attorney about the benefits of title insurance to help you understand the importance of having an owner’s policy and the risk you take when you do not have a policy which gives you protection.

What is a Lender’s Title Insurance Policy?

The policy obtained by the lender only covers the lender's interest which is the amount of the loan; never the full value of the home. The lender's title insurance doesn't protect you, the borrower. Although the secured property is the same, the interest of the lender and the interest of the buyer are not. If there is a complete failure of title, without owner’s coverage, you have no protection and would lose both your property and your equity in the property. You could also incur legal fees and any tax penalties assessed against your property. In that same scenario, the lender holding a lender’s policy would be protected from loss. Therefore, we encourage any home buyer to consider purchasing an owner’s policy to protect one of the largest investments that you will make.

What does title insurance cost?

The cost of title insurance varies, but depends mostly on the value of the property and /or the loan amount. An important fact to remember is that you only pay for an owner's policy once--at your initial closing. This coverage remains in effect as long as you have interest in the covered property.