"When you have risk you always want to mitigate it and title insurance is a way of mitigating it".

Andrew Jackson

In the countries of SEE where political stability does not always mean economical stability and peace of mind for foreign investors, where various ownership issues with regard to real estate are likely to emerge, and where mortgage markets are fast evolving and developing, the need for products like title insurance is apparent and is growing at steady pace. That is why the entry of First Title CEE on the Romanian and Bulgarian market is good news for not only international investors in real estate but for everyone in the two countries: the more comfort and warranties they are able to offer on title issues, the more money and investment interest they get. Andrew Jackson, the Managing Director of First Title CEE, is happy to share for PropertyXpress details on the company’s expansion eastwards and to answer some intriguing questions like: is First Title going to insure local banks lending money on properties in Bulgaria and Romania, how are owners with a title insurance policy in place protected against fraud, forgery, restitution claims, boundary disputes, etc., and why the current situation with professional indemnity insurance in both countries can’t provide enough certainty for investors? You can read also: is the company going to insure against changes in the cadastre and the zoning of land plots, can mortgages fully protect the property against potential risks and how can title insurance increase the value of real estate assets?


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