Frequently Asked Questions
A Title Company is a licensed business that provides a number of essential services to the real estate industry, including title searches and title insurance. A title search is a detailed review of the history of a property in order to ensure that there are no liens, easements, claims or other issues that may affect the property’s marketability. If possible, the Title Company will help resolve any problems with the title.
Among other items placed of record, when a property is financed or it’s ownership is changed, a record of that transaction should be filed in the local county’s public records. When you have a title search completed, these records are thoroughly researched and examined. However, even professionals may not be able to find all of the issues affecting a single property. Some things are difficult to find and others, like missing heirs in the chain of title, are practically impossible to anticipate. Title insurance helps make sure your investment is secure in the event of any discrepancies, errors, and more.
When financing, most often the lender will require a lender’s title insurance policy to be purchased by the consumer at closing. One common misconception is that, because the lender is insured, the homeowner is covered as well and should not be concerned. On the contrary. The lender’s policy protects the lender’s interest only and only persists until the loan is paid in full or refinanced.
Owner’s title insurance is paid for only once but will cover you as long as you own your home (or property) and protect you from a variety of potential defects. Since homeownership is potentially one of the largest and most important financial decisions you will make, and most certainly a life altering one, the added protection for your investment and future can only bring additional peace of mind.
The basic meaning of escrow is having an independent non-interested third-party hold money throughout the course of a transaction for disbursement to the appropriate parties once the terms of the contract have been met.
How do I purchase a title insurance policy?
Call us today! You will have to have an up to date title search of your property, and we can do that for you! Once we verify the marketability and insurability of your title, we will take care of it from there.
What is the best way to communicate with you? (phone, email, etc.)
We are available by most methods of communication. However, email is highly recommended as it gives both parties a hard copy of the conversation to look back on when necessary.
What types of properties do you service?
Currently, our offices are equipped to service all residential real estate transactions from land only to multi-family residential properties such as condominiums, duplexes, quadruplexes, townhouses, etc.,
How do I get a quote/rate estimate?
Call, email or reach out online for a quote specific to your needs!
