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Products
& Services provided include, but are not limited to, the following:
Preliminary
Title Search for Realtors (Search and Hold)
Full 60-year title search is made to disclose how title is held,
easements, restrictive covenants, and related title issues affecting the
property. We are able to
provide copies of the tax printout, map from real property listing
office, and all pertinent title documents.
Title
Insurance
Title insurance provides protection against loss or damage due to title
defects. The policy is
backed by the title insurance underwriter and serves as a written
guarantee that the underwriter will undertake, at its own expense, the
defense of title in all legal actions or proceedings alleging the title
to be other than as insured. A
policy of title insurance protects against future losses arising out of
events that may have happened in the past.
This includes mistakes in recording of legal documents, forged
documents, undisclosed or missing heirs, liens, and fraud.
We
are agents for First American Title Insurance Company and Commonwealth
Land Title Insurance Company.
Closing
Services
Services to facilitate the closing of a real estate transaction
in accordance with the Offer to Purchase. Duties include communication with all parties to the
transaction, preparation of closing documents, conducting the closing,
collecting and disbursing funds and delivering legal documents to the
Register of Deeds for recording.
Insured
closings are available to lenders in which we prepare the HUD, conduct
the closing, and collect and disburse funds according to the lender's
instructions.
Tax-Deferred
Exchanges
Services to facilitate tax-deferred property exchanges as
defined by section 1031 of the Internal Revenue Code.
Construction
Disbursement
Services to facilitate disbursement of loan funds to a
contractor and/or sub-contractors in accordance with the disbursement
agreement entered into between the lender, owner, and contractor.
Includes search of title prior to each draw and collection of
lien waivers.
Escrow
Services
Hold and disburse escrow funds in accordance with an escrow
agreement
Letter
Reports
Title search from the acquisition deed of the current owner
forward to provide current vesting information for the owner, legal
description and tax information, and disclose outstanding mortgages,
liens and judgments.
Agents
for:
- Commonwealth
Land Title Insurance Company
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