Frequently Asked Questions

• Fraud
• Clouds in the chain of title (persons with former vested interest claiming current interest)
• Misinterpretations of wills, divorce decrees and other various court orders
• Prior unpaid or released liens, mortgages, taxes 
• Incorrect property description

Yes, when you are signing a contract, be sure that Title Assurance & Escrow, Inc. is shown on the "buyer to close with..." line 

Typically, in a purchase transaction the buyer and seller each pay their title company closing fees. 

Aside from the title company closing fees, the seller pays for the title search and any liens and taxes currently owed.

The buyer pays for their title insurance and recording costs, which are both calculated based on the sales price and loan amount. 

As long as funds are available and all parties are ready to sign, the entire process can happen as quickly as a few days. 

If there is a loan involved, you will need to account for the time it takes your lender to get your loan approved and processed.  On occasion, there are delays due to clouds on title that must be cleared or home inspections and repairs that must be completed.