Buying a home is very exciting. In fact, it’s one of the most exciting moments of your life. This is especially true if this is your first home but still stands true even if you find that you’re transitioning from one home to another. Perhaps you’re having another child, and therefore, need more space, or you’ve sent them off to college and want to downgrade. Perhaps you’re investing in a bigger home because you’ve finally gotten a pay raise or a new job in a new location. Whatever the case may be, almost every homeowner will need the help of a title insurance company in Boca Raton and beyond. If you’re interested in seeing what a title insurance company can do for you, keep reading!
What is a Title Insurance Company in Boca Raton?
Before we dive into what to expect from a title insurance company and all of their numerous services, it’s important to understand the high-level value they add in to your life. Real estate seems easy, but little do most homeowners know, there’s more than what meets the eye. Real estate is quite complex and comes with its fair share of surprises. To avoid being stuck in those surprises alone, you’ll want a team on your side to assist.
When a property is sold, it’s essentially an agreement between two parties. Having a third party, however, can be incredibly beneficial, as it allows for someone else to take on elements of the project that you may not have time for. A title company can make the transfer of the title easier, giving their experienced guidance along the way. They’re there to answer questions, assist with paperwork, and ensure that everything looks good before moving forward.
Title insurance, for example, is something that all title companies offer. Title insurance is a one-time purchase that ensures homeowners don’t have any surprises that come along years down the road. These surprises can come in the form of unknown liens, tax issues, fraudulent behavior, and even lawsuits that are all tied to the previous owner. If you don’t have title insurance, you run the risk of losing your home or paying thousands of dollars in lawsuit fees. To avoid the unknown, being safer is better than being sorry you didn’t purchase the add-on. Fortunately, title fees aren’t expensive in the grand scheme of buying a home. From $1,000 to $4,000, title insurance is yours, and safety is given. A title company will do their research on the title prior to the closing. While their search is thorough, it doesn’t mean that there isn’t dirt that’s hidden well.
What are the Other Services Offered from a Title Company?
Real Estate Closings: There’s nothing better than finally closing on the home you’ve purchased. You sign on the dotted line and await the keys to be in your hands. However, what many people don’t know is that there are a plethora of steps standing between your contract and your keys. There are many stories out there about people who’ve gotten all the way to the finish line, only to realize that mistakes have been made, there were miscommunications, or the seller decided to back out and take another deal. To avoid many of the possible stressors involved in buying a home, having a third party can drastically reduce your stress.
Real Estate Attorney Referrals: In the event that you do need a real estate attorney, you’ll want a team that has experience dealing with titles. The reason being is that most of the real estate debates are surrounded around this document. Real estate attorneys are also great for help when you are buying a new home, as they’re able to offer you guidance during this new time in your life. It can seem like an added expense you don’t need, but it’s better to have the best on your side when making such an expensive and long-lasting investment.
Contact Us to Learn More!
If you’re looking for a title insurance company in Boca Raton, you’re in the right place. At Expert Title Company, we’ve been in the industry for years, and we’ve watched as it’s changed. For professionalism you won’t find anywhere else and advice that will take you from a home shopper to a homeowner, contact a member from our team today at 954-570-5959.