Real Estate Title Services
Bay Surety Title is a full-service title agency that provides prompt, courteous and professional service at a reasonable price. We offer the following Real Estate Title Services:
Title Search
The sale of real estate has many steps that must be completed to assure that all parties involved, buyer, sellers, lenders and insurers, are satisfied and protected. One important step is the Title Search. With the assistance of a title insurance company, we search the public records for any liens that are active on a property. This way, once the sale is completed, all lenders can be satisfied and a clear deed can be issued for the property.
Title Insurance
Owner's Title Insurance protects the buyer of the real estate while Mortgage Title Insurance protects the lender in a real estate transaction. Both policies protect the policy holder and shoud a problem occur. It remains valid for as long as the owner or his or her heirs have an interest in the real estate.
Closing Services
A real estate transaction, whether it is a purchase, sale, or refinance, has many steps that must be completed to assure that all parties involved are satisfied and protected. The culmination of these steps is the closing. Here's a simple summary of the loan closing process:
Escrow Services
To properly and securely complete a real estate closing, an escrow account is established to store funds related to the transaction. This account holds funds such as the down payment, closing costs, inspection fees, repair costs, legal fees and insurance payments while the closing documents are being prepared.
