If you still have questions, please let us know, by sending an email one of our offices below. Title insurers are trained to identify the rights others may have in your property. Before closing your transaction, the title company will proceed to "clear" those encumbrances, which you do not wish to assume. A title search is the process of determining from the public record what the rights are to the land and who owns them.
A title search is a means of determining that the person who is selling the property really has the right to sell it, and that the buyer is getting all the rights to the property (title) for which he or she is paying. If claims arise, professional claims personnel are assigned to handle them according to the terms of the title insurance policy. Title insurance reimburses you for the amount of your covered losses as defined in the policy and will provide defense against wrongful claims against your title.
A search of official records and the resulting report is especially critical to a lender who is contemplating providing a mortgage for the purchase of the property.
A title search is a means of determining that the person who is selling the property really has the right to sell it, and that the buyer is getting all the rights to the property (title) for which he or she is paying. If claims arise, professional claims personnel are assigned to handle them according to the terms of the title insurance policy. Title insurance reimburses you for the amount of your covered losses as defined in the policy and will provide defense against wrongful claims against your title.
A search of official records and the resulting report is especially critical to a lender who is contemplating providing a mortgage for the purchase of the property.
Services
If you still have questions, please let us know, by sending an email one of our offices below.
Buying a new home is one of life's most gratifying experiences.
As you approach the big day of closing, however, all the details can be a little overwhelming.
You might easily overlook the single most important step in the entire process -- the purchase of Title Insurance on the wonderful new home of yours.
A title is the evidence, of right, that a person has to the ownership and possession of land.
It is possible that someone other than the owner has a legal right to the property.
Buying a new home is one of life's most gratifying experiences.
As you approach the big day of closing, however, all the details can be a little overwhelming.
You might easily overlook the single most important step in the entire process -- the purchase of Title Insurance on the wonderful new home of yours.
A title is the evidence, of right, that a person has to the ownership and possession of land.
It is possible that someone other than the owner has a legal right to the property.
Reviews
Be the first to review Mlj Escrow.
Write a Review
