| ESCROW
SERVICE |
Depositing
to our Escrow Account monies held for deposit on Real Estate
Contracts. |
REAL ESTATE CLOSING
SERVICE
(REAL ESTATE
SALES)
|
Our Real Estate Closing Service includes the preparation of all documents, the title search and title examination. As a Title Insurance Agency we are authorized in the State of Florida to close Real Estate transactions as long as the closing and its preparation is the incident of the issuance of a title insurance policy. |
| OWNERSHIP
AND ENCUMBRANCE REPORTS (O & E) |
An (O&E) is a Title Search Report reflecting the ownership of the land and any liens or encumbrances that might affect the same. No Title Insurance Policy is issued.
- Search Term: from 0 to 30 years - $250
|
TITLE
INSURANCE IN BRIEF:
There are two types of Title
Insurance Policies commonly used in our area:
- An Owner's Title
Policy: This Policy insures the purchaser of the land.
- A Mortgagee Policy: This policy insures the lender for the amount loaned to the purchaser in order for them to refinance their property.
|
REFINANCE
POLICIES
Commonly known as a Mortgagee Policy: When an owner of Real Property (their home or residence) decides to refinance their debt, the lender will require (in most cases) that the owner purchase a mortgagee title policy insuring the lender for the amount loaned. You (the owner who is paying for it) have the right to choose which title company you want to use. |
