Get To Know Choice Title
Choice Title is fully prepared to work with you from the beginning of your transaction all the way
through to conclusion. When you work with Choice Title, you can be confident that you will enjoy a
successful closing.
For most of us, the purchase of our home is the single biggest investment we ever make, which is why
no one wants any last minute problems to threaten the transaction. Choice Title is always accessible,
therefore, unpleasant surprises are almost always avoided.
One of the biggest questions homebuyers ask is “do I need to title insurance?” The answer is YES!!
Title insurance is a means of protecting yourself from financial loss in the event that problems develop
regarding the rights of ownership to your property. There may be hidden title defects that even the
most careful title search will not reveal. In addition to protection from financial loss, title insurance pays
the cost of defending you against any covered claim.
There are two types of title insurance. A Lender’s Policy insures that your lender has a valid lien on the
property. Most lenders require this type of insurance and will typically require the borrower to pay
for it. An Owner’s Policy protects your interest in the property. Title troubles, such as improper estate
proceedings could put your equity at serious risk. If a claim is asserted for pre-existing title troubles, in
addition to covering the monetary loss up to the face value of the policy, your owner’s policy will pay for
the cost of legal defense.
Some items you will want to have complete or in hand when you come to the closing include:
BUYER
*Photo Identification (valid, non expired passport, driver’s license or state issued identification card)
*Buyer’s copy of the purchase agreement
*Cashier’s check payable to Choice Title, LLC
*Proof of purchase for hazard insurance
*Invoices for unpaid taxes, utilities or assessments
SELLER
*Photo Identification (valid, non expired passport, driver’s license or state issued identification card)
*Seller’s copy of purchase agreement
*Invoices for any unpaid taxes, utilities, assessments and latest utilities meter readings
*Any unrecorded instruments that affect the title
*Proof of satisfaction of any mechanic’s liens, chattel loans, judgments, or loans that were paid prior
to the closing
through to conclusion. When you work with Choice Title, you can be confident that you will enjoy a
successful closing.
For most of us, the purchase of our home is the single biggest investment we ever make, which is why
no one wants any last minute problems to threaten the transaction. Choice Title is always accessible,
therefore, unpleasant surprises are almost always avoided.
One of the biggest questions homebuyers ask is “do I need to title insurance?” The answer is YES!!
Title insurance is a means of protecting yourself from financial loss in the event that problems develop
regarding the rights of ownership to your property. There may be hidden title defects that even the
most careful title search will not reveal. In addition to protection from financial loss, title insurance pays
the cost of defending you against any covered claim.
There are two types of title insurance. A Lender’s Policy insures that your lender has a valid lien on the
property. Most lenders require this type of insurance and will typically require the borrower to pay
for it. An Owner’s Policy protects your interest in the property. Title troubles, such as improper estate
proceedings could put your equity at serious risk. If a claim is asserted for pre-existing title troubles, in
addition to covering the monetary loss up to the face value of the policy, your owner’s policy will pay for
the cost of legal defense.
Some items you will want to have complete or in hand when you come to the closing include:
BUYER
*Photo Identification (valid, non expired passport, driver’s license or state issued identification card)
*Buyer’s copy of the purchase agreement
*Cashier’s check payable to Choice Title, LLC
*Proof of purchase for hazard insurance
*Invoices for unpaid taxes, utilities or assessments
SELLER
*Photo Identification (valid, non expired passport, driver’s license or state issued identification card)
*Seller’s copy of purchase agreement
*Invoices for any unpaid taxes, utilities, assessments and latest utilities meter readings
*Any unrecorded instruments that affect the title
*Proof of satisfaction of any mechanic’s liens, chattel loans, judgments, or loans that were paid prior
to the closing