A title company oversees the interests of, and is responsible to, all people involved in a real estate settlement - the buyer, seller, lender and the real estate agent. Prior to the settlement, the title company examines the history of the property to make sure that the title is free of any liens or claims. The title company organizes the transfer of money and property at the time of closing. At the settlement table, the title company collects and distributes funds from ...
Read more »Complete Real Estate Title Services for
- Realtors
- Home Buyers
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Mortgage
Lenders - Banks
- Attorneys
- For Sale By Owner
Proof of Licensing
A title company is required to be licensed with the State of Maryland, as well as all of the employees who conduct real estate closings. Those of us who conduct closings must take 16 hours of continuing education every 2 years; we strive to take more since there's not a thing as too much knowledge! Our clients are required to have proof with the State of Maryland that we are licensed. Proof of our licensing is available at the National Association of Insurance Commissioners (NAIC) website.
You have wisely enlisted the services of a licensed Realtor as your Buyers Agent and she has helped you find a house that you’re ready to own. You have already been pre-approved for a mortgage and you expect the house to appraise for the purchase price. You safely assume that your loan will be approved. So what exactly are you purchasing and how do you know that the seller can rightfully sell it to you? How do you protect your interests?
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