Title insurance protects you and the lender in case something unforeseen happens, covering the loss of ownership interest in your property due to:
Unlike traditional insurance that protects you against something in the future, title insurance protects you from something in the past. You only pay a premium once, at the time of the closing.
Once you and a seller have agreed on a real estate transaction, Excel Title Services will conduct title searches and title exams.
A title search/exam reviews all public records that affect the property, including prior mortgages, judgments and liens to ensure they were all paid in full, as well as past wills, deeds and trusts to ensure the title has correctly passed to each new owner. The title agent also will look for boundary disputes, fraudulent documents and any issues that can interfere with your purchase. We can even coordinate your title search/exam needs across the United States.
Excel Title Services performs Uniform Commercial Code (UCC) and litigation searches throughout the United States. It also can e-insure the proper filing of UCC-1 financing statements and UCC-3 amendments.
Excel Title Services provides preliminary judicial reports and judicial commitments required by mortgage lenders during property foreclosures.
Our tax attorneys can coordinate, structure and document your 1031 exchange. We can help you defer the tax that would otherwise be due upon the sale of your property while complying with federal tax law. For information regarding 1031 exchanges and related services, click here.
Excel Title Service’s closing agents coordinate all aspects of a real estate transaction, including preparing closing documentation, reviewing surveys and disbursing closing funds. Specifically, Excel Title Services will:
Are you buying property in another state? If so, Excel Title Services can help. Through our national network, our team can effectively coordinate transactions involving sites in multiple counties and states, including:
At the conclusion of your real estate transaction, we’ll determine the applicable recording fees and transfer tax. We’ll also ensure all documents are accurate and recorded with the proper local, state and national entities in a timely manner.
Excel Title Services coordinates title updates, issues endorsements and updates for partial loan advances and construction draws.
Most lenders and title insurance underwriters require a survey of any property being purchased or mortgaged. Excel Title Services will assist you in locating a land surveyor to fit the needs of your real estate transaction and review the survey for any potential problems. If any issues are discovered, we will notify the real estate broker, lender and the new buyer immediately.
Excel Title Services is fully equipped to act as the escrow agent on any transaction, including managing earnest money escrow accounts and post-closing escrow accounts. We are fully insured; closings may be insured on request.