If you’re preparing to buy a home and researching Weston title insurance services to finalize your closing, it’s best to be informed. Most people who have bought a home will be familiar with the importance of finding a reliable real estate title company.
New potential homeowners and first-time buyers, however, are often unfamiliar with the importance and role of title insurance companies. While the terms title insurance and escrow closings are fairly well-known in real estate, not everyone understands exactly what they are.
Found below is some general information regarding the roles and purpose of a title insurance company. If you are in need of Weston title insurance services and wish to speak with one of the top title insurance companies Weston homeowners have come to rely on, contact World Title Company for assistance.
The Roles Of Title Companies
The primary role of title insurance companies is to facilitate a successful closing on real estate properties. A title company is responsible for overseeing the transfer of interests, ownership, and fees during a real estate closing.
They often also serve as escrow agents, meaning they hold the buyer’s escrow payment until the closing is finalized. In fact, often times the actual closing happens at the title agency’s office as it has a neutral role for all parties involved.
There are other important roles Weston title insurance services fulfill in addition to facilitating the final closing. For instance, many title agencies will conduct a comprehensive public record search, known as title examinations, to ensure the property is indeed legally available and doesn’t have any liens or judgments against it.
Lastly, title companies can provide buyers with title insurance. Title insurance is an insurance policy that keeps both the new homeowner and mortgage lender from unforeseen claims against the property due to events that occurred before owning the property.
Schedule A Free Consultation For Weston Title Insurance Services
Real estate title companies are an impartial party that provides important services to everyone that is part of the transaction, including the buyer, seller, and mortgage, lender. They help to ensure that each party is treated fairly all the way up until the final closing.
If you are researching Weston title insurance services, you are likely in the midst of a potentially major life purchase. Like your purchase, title insurance shouldn’t be taken lightly. World Title Company is proud to be a renowned title insurance provider serving the South Florida community.
Our experienced and knowledgeable team is available 24/7 to help you schedule a free consultation. If you are ready to schedule your consultation or have any other questions we might be able to help you with, please call our Broward offices at 954-888-4646 for assistance.