These items are listed on schedule B-II of the title commitment and are anything that won't be covered by the title policy. For example, if a survey isn't conducted, the policy won't cover any disputes related to the location of the property lines, or the policy may identify homeowner's association rules that the property owner will be required to comply with. You can learn more about title policy exceptions by watching the video below that discusses them in more detail.
Title requirements are those items that must resolved prior to closing. There will be standard requirements, such as ensuring all docs are signed at closing or that a payoff is obtained for any loans on the property. There may also be transaction ...
Title insurance is form of insurance that protects a homeowner or lender from disputing claims of ownership or liens that arise prior to the purchase of the property. For example, if a property was inherited and a long lost family member come out ...
Typically, title policies are issued within 30 to 60 days after closing. This is because the title company needs to record the deed and mortgage documents with the county recorder's office, and then update the title search to reflect the new ...
Introduction If you are planning to buy a home, you might have heard of the term "title search". But what does it mean and why is it important? A title search is a process of verifying the legal ownership and history of a property. It can help you ...
How do we handle scheduling? It is important to us that the buyer and seller are directly involved with scheduling their own closing appointments. We know that realtors like to help, but it will also be more work for you to call the client, find ...