Title Searches & Title Insurance
A
Smooth
Path to Closing
Starts With a Thorough Title Search
A title search is one of the first steps toward a smooth real estate transaction. Performing a title search involves examining public records to establish the history of ownership and any outstanding mortgages, liens, easements, unpaid taxes, or court judgements involving the property. If any issues or discrepancies are found, steps can then be taken to resolve them before the real estate transaction can move forward.
At Luschas & Naparsteck, LLP, we make sure your title search is timely and thorough, paving the way to closing on your real estate transaction with confidence and peace of mind. Contact us today to get the process started.
Title Analysis
Identify any liens, encumbrances, or other issues that could impact the sale or purchase of the property.
Secure Property Ownership
Ensure that the seller has legal ownership of the property and the right to sell it.
Investment Protection
Protect your investment by ensuring that there are no outstanding claims or disputes related to the property.
Title Insurance
What is Title Insurance and
Why
is it Important
Title insurance is a type of insurance policy that is typically purchased during a real estate closing, designed to protect both the buyer and the lender from potential loss and ensure clear ownership of the property. These policies protect you against legal disputes over the ownership of the property, undisclosed heirs, unknown liens, and forgeries or discrepancies in documents.
Title insurance ensures a smooth transfer of property ownership, giving you peace of mind throughout the purchase and in the future. Should any title issues or disputes arise later on, the policy remains in effect as long as you or your heirs own the property. By paying a one-time premium, you can be assured that you are protected from costly title issues and disputes for as long as you own the property. At Luschas & Naparsteck, LLP, we issue title insurance as full-service title insurance agents for Fidelity National Title Insurance Company.
Title Insurance Protects You Against Title Issues Like
Unknown liens against the property
Errors in public records
Forged or fraudulent signatures on documents
Undisclosed heirs to the property
Boundary disputes
Make sure you and your heirs are protected against title defects, land use issues, and other costly disputes both now and in the future. AtLuschas & Naparsteck, LLP, we issue title insurance as full-service title insurance agents for Fidelity National Title Insurance.
Frequently Asked Questions
Title insurance is an insurance policy that protects you against loss or damage resulting from defects or failure of title to a particular parcel of real property.
We strongly encourage our clients to always purchase title insurance so they can be sure there are no liens on the property and be aware of any and all rights-of -way, easements, etc. affecting the property.
Title Insurance rates are determined by the sales price and/or the loan amount. Owner’s policies are a one-time premium that is paid at closing.
- Another party’s ownership interest
- Another party having the right to affect your title due to leases, contracts or options
- Another party claiming to have rights affecting your title due to forgery or impersonation
- Another party having an easement on your land
- Another party having a right to limit your use of the land
- Defective title
Each deal is different, but we normally quote clients 30-60 days.
No, we charge the same title insurance rates as Abstract Companies. Title insurance rates are regulated by the state insurance commission.
Yes! It is very important to have a professional home inspection. We also recommend getting water inspections when the property has a well, and septic inspections for homes with private septic systems.
Yes, you will need to choose representation to assist you with the title search and title insurance as well as preparing and holding a closing for your purchase.
Yes. Even though you are listing a consideration of $1, it is still considered a gift because you are selling or transferring real estate for less than the value it is worth.
Yes, but there can be consequences to transferring property or even adding someone new to a title. We recommend meeting with an attorney to discuss your options and possible consequences before executing a new deed.
We issue title insurance through Fidelity National Title Insurance Company.