What does a Title Company do?
A title company aids in the process of ensuring a smooth transaction when buying and selling real estate. They can provide assistance with transfers of the property title to new owners, and also aid buyers in obtaining titles. Title companies offer comprehensive services for title searches, title insurance, and escrow requirements.
Your business is of the upmost importance to us, we will personally assist you throughout the entire process to ensure your transaction is satisfactory.
What is Title Insurance?
Title insurance gives both the lender and the homebuyer peace of mind by providing protection against loss or damage in the event there are defects or issues with the property title.
There are primarily two forms of title insurance policies:
Lender Insurance- insures the lender that the mortgage is in good standing and provides security on the property. The policy protects the lender’s interest in the property until the borrower pays in full the mortgage.
Owner Insurance- insures the homeowner against certain risks or obstacles that may occur with the title.
What is a Title Search?
A title search provides a thorough investigation of public records to confirm a property's legal ownership, and also determines if any liens or claims are against the property. A clean title is required for all real estate transactions to be finalized.