Insurance removes the risk of losing their homes

Due to the increasing number of transactions and disadvantages of the purity laws of previous transactions on the secondary housing market in the country to provide hard, and real estate market, we considered quite risky.

According to analysts in Moscow, every year about 80-90 thousand transactions, while more than half of them in the secondary real estate market. Almost 2% of the number of void. Every year, 1-2 thousand courts hear cases and the total damage on them is more than $ 90 million if the court issues a decision on the invalidity of the transaction, the bona fide purchaser must release a new living space, and only later could try to recover the funds from another party to the transaction. However, most often this is not possible
Thus, at this point requires not only the mechanisms of protection of transactions and anti-fraud, but also ways of compensation for damage caused to the participants.

When title insurance in case of deprivation of property rights to the property insurance company pays the insured value of the lost property.

Thus, almost every owner can be deprived of his property.
If you decide to insure the title of the apartment, it is advantageous to turn to independent professionals who are qualified to quickly assess the conditions of the insurance companies.