Understanding Title Insurance with Victor Liu

BREAKING NEWS: We'd like to introduce to you the first ever guest on the Brick x Brick Podcast -- Victor Liu from Clear Skies Title Agency in Cranford, NJ!

After a brief introduction to Victor, we dive into the history of title insurance and an inside look into how the industry functions.

Topics include:

• the difference between a "deed" and "title"
• how the title insurance industry aids in helping to keep title insurance affordable
• what happens in the event of a title claim
• do people purchase real estate without title insurance?
• how do title searches work?
• who handles real estate closings in NJ?

Trivia: Can you guess which prominent historical figure is credited with laying the groundwork for the concept of title insurance?