What does a title company do? That's a question we get asked all the time. A title company is essentially your one-stop shop for all things related to real estate titles. We can help you with everything from title insurance to document preparation. In this blog post, Title Partners of South Florida is going to outline four of the most common services that we provide our clients.
Chain of Title
The first thing a title company does is establish the chain of title for a property. This involves looking at public records to determine who has owned the property in the past and whether there are any outstanding liens or encumbrances on the property.
Title Abstract
Once the chain of title has been established, the next step is to prepare a title abstract. This document summarizes all of the information that has been gathered about the property, including ownership history, outstanding liens, and encumbrances.
Title Insurance Policies
The third service that a title company provides is title insurance. This type of insurance protects buyers and lenders from losses that may occur as a result of defects in the title. It can mean the difference between a smooth real estate transaction and a nightmare.
Title Ownership
The fourth and final service that we offer our clients is closing services. We can help you coordinate the closing of your real estate transaction, from start to finish. We'll make sure that all of the paperwork is in order and that everything goes smoothly on closing day.
If you're in need of any of the services that we've outlined above, we encourage you to reach out to our team at Title Partners of South Florida. We'll be more than happy to help you through every step of the process. Contact us today to get started!
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