What is
Title Insurance?
Title insurance is an insurance policy that covers the loss of ownership interest in a property due to legal defects and is required if the property is under mortgage. The most common type of title insurance is lender's title insurance, which is paid for by the borrower but protects only the lender. The owner's title policy can also be issued to protect a new purchaser and is most often paid for by the seller to protect the buyer's equity in the property.
Title insurance protects both real estate owners and lenders against loss or damage that can occur due to liens, encumbrances or defects in the title to a property. This differs from normal insurance in that title insurance protects the insured against the potential event that someone else from the past has legal claim on the property. These claims range from another person trying to claim ownership, fraud or forgery of title documents, easements and many other
1
Residential Services
We want your home buying purchase to be a very positive experience for such a significant investment. At closing we do our part to help guide you through the process, ensuring that all parties experience a pleasant and comfortable closing. We do our best to keep all parties informed of all developments, including any title defects that must be cured prior to closing.
2
Commercial Services
Commercial services in the title industry can be complex in a constantly changing business environment and requires the most knowledgeable, experienced and resourceful professionals. Our office has years of experience handling complex commercial transactions with intricate details including commercial sales and tax-deferred exchanges.
3
Title Searches
An examination of public records to determine and confirm a property's legal ownership. A title search is usually performed by a title company or an attorney, who researches the vested owner, the liens or other judgments on the property, the loans on the property and the property taxes due.
4
Use of Records
Our company allows oil companies and landmen to use our proprietary records for their own research for an hourly fee. Contact us to find out more about this. We have two sovereign title plants with full capabilities.
5
Title Evidence
We are happy to provide the title evidence for out of county companies that are handling transactions within Navarro County.
