We at A-1 Title & Escrow would like to take a moment to inform you of some of the procedures and requirements you will encounter as a Seller or Borrower. In most counties, it is the responsibility of the Seller/Borrower to provide at closing, a Title Insurance policy on the contracted property.
Title Insurance affords protection from past events which may or may not be a part of the public records, but that can adversely effect a new owner’s interest in the property being sold to them. Title Insurance protects against matters of public record, plus hidden title defects, such as fraud, forgery, incompetence or missing heirs, that even the most diligent title search may not discover.
Some states closely regulate rates. Others permit open competition, often resulting in significant differences between title insurers on rates and coverage. Depending where you live, it pays to investigate your options carefully in order to obtain the most complete coverage.