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I've search around and have not really found how title insurance will or will not protect me on a land purchase. Any insight would be appreciated.
I'm buying land in Arizona where I intent to build my house. I'm paying for land and construction with my own money, no lenders involved. So lets say I pay 10,000 for the land and get a title check and insurance in the value of 10,000. I then improve the land, fence, house, workshop, etc. With improvements, its now valued at 100,000.
A couple years down the road a title dispute arises for some reason, improper signing, forgery, etc. I hold a 10,000 policy. Is my 90,0000 worth of improvement at risk? How are my hard earned savings protected by this policy?
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