Title searches and insurance have long been required in the real estate industry to ensure that buyers are protected from title defects. In today’s volatile real estate market, a clear title and insurance from potential future title challenges are more important than ever. Network Title, Inc. understands the real estate market and knows exactly how to protect buyers from title defects. We provide title insurance through Old Republic National Title Insurance, a strong and reliable U.S. company.
Network Title, Inc. provides these key real estate title services:
Home Equity Lines
Contracts for Deed
Junior Lien Policies
Additional Title Products
Owners and Encumbrance Reports
Title Insurance Defined
A title insurance policy insures that, as the new owner, you have clear title from the seller. A policy also insures your protection from loss or damage as a result of any title defects (e.g. forged documents, errors in public records, fraud, and incorrect property descriptions).
Network Title provides a thorough search of the public records to reveal possible liens, claims, or encumbrances against the property and subsequently provides the following title insurance policies as needed:
The owner’s policy is issued to the new owner, guaranteeing that the title to the property being purchased is delivered without restrictions or encumbrances other than those listed.
The loan policy is issued to the lender guaranteeing that the title to the property for which they are lending funds is free and clear of restrictions or encumbrances other than those listed.
Click here to read more about why owner’s policies are so important.
**NEW in 2013** U.S. DEPT of HOUSING & URBAN DEVELOPMENT
Have you heard?? Beginning in late 2013, Minnesota became a “Buyer Select” state for U.S. Dept of Housing & Urban Development sale transactions – and Network Title, Inc. is a registered agent! Please contact us at HUDClosings@network-title.com for more information.
Contact Network Title today and let us provide all your title service needs. Don’t forget to ask about our free closing options!