Our skilled and trained searchers and our licensed examiners pour through the legal paperwork and court documents to provide you with a title insurance policy.
Loan Policy: Most lenders require a loan policy to protect a valid, enforceable lien on the property. This value is based on the loan value of the property. This policy protects the lenders.
Owner’s Policy: This policy is a contract that protects the owners, according to the contract terms, against loss or damage due to title defects. This value is based on the sale price or the market value of the property. This contract is backed by the known assets and reserves of the title insurance underwriter and serves as a written guarantee that your underwriter will undertake, at its own expense, the defense of your title in all legal actions or proceedings alleging the title to be other than as insured.
For a one time premium, paid during the closing process, an owner’s policy of title insurance protects against future losses arising out of events that may have happened in the past. In most cases, an owner’s policy can be issued at the same time as the loan policy, usually for a nominal onetime fee.
Please call us at (920)887-1005 if you have any further questions regarding title insurance or if you would like a quote on your property.
The staff at Title Consultants is more than willing to help you with all of your questions and concerns.
How We Can Help
We are a full service title company offering you products such as title insurance, letter reports, search packages, listing kits, escrow and closing services, to you, whether you are a consumer, real estate professional, lender, lawyer or developer, in a fast and timely manner.
The escrow officer in the closing department coordinates with all the parties involved, such as buyers, sellers, lenders, attorneys, clients, real estate brokers, mortgage brokers, to facilitate a smooth and efficient closing transaction. Learn more.