Real estate has traditionally been a family’s most valuable asset. At the Nationwide Title Agency, we provide insurance policies and related real estate transaction and mortgage lending products and services to individual consumers, mortgage lenders, businesses and government agencies. We have a strong and exceptional customer relationship with each client that has spanned over decades. We are a full-service title agency dedicated to providing its customer’s peace of mind in their most important transactions. These laws have been enacted to protect one’s ownership of real estate and the improvements located on the land. Our products and services protect our customers from financial loss and hardship related to unknown judgments and liens, forged transfers, inconsistencies within a property’s title or misapplication of fiduciary funds. Simply stated, the title to a piece of property is the evidence that the owner is in lawful possession of that property.
How does title insurance in Orange Park, Florida differ from other insurance?
Skilled title professionals search and examine various public records to find and isolate title risks. In the event of a covered matter affecting your title, your insurance policy may protect you in various ways. The title of the property that you have purchased could be seriously threatened or lost completely by hazards which are considered “hidden risks.” Realtors, attorneys, lenders, and people like you, have come to appreciate the personal attention received and the regard for detail that goes into assuring a smooth closing process. The buyer’s or owner’s policy will protect the new buyer against any flaws in the title. The policy will be good as long as the buyer owns the property. In addition to providing insurance against loss arising from record matters, other than those excepted or excluded from coverage, if any, the policy also insures against loss arising from certain title risks that are undiscoverable from public records, such as forgery, fraud, and lack of capacity in prior transactions. Defects are things such as another person claiming an ownership interest, improperly recorded documents, fraud, forgery, liens, encroachments, easements and other items that are specified in the insurance policy. While an owner’s policy covers the purchase price of the home, the lender’s policy covers the amount of the loan on the property.
- Laurel Grove
- Holly Point
- Camp Echockotee
- Meadowbrook Terrace
- Orange Park North Mobile Home Community
- Bellair-Meadowbrook Terrace
- Continental Village Mobile Home Park
- North Meadowbrook Terrace
How is a insurance policy for title created?
Once the search and curative work are completed and a property’s title is determined to be in insurable condition, the transaction can close and a policy of insurance can be issued. The distribution channel for our products and services spans across the nation and includes independent title agents, our wholly owned insurance company branch offices, owned/affiliated agencies and ancillary services subsidiaries.The lender’s policy will protect the lender from any defects in the title up to the amount of the loan. Our success is achieved through a focus on quality over quantity, effective use of technology and genuine belief in our professional values. Nationwide Title Agency’s business strategies and marketing have developed a number of relationships in the Community and in the Industry and has provided the opportunity for her to be involved with charities, civic and community organizations in the Clay County County.
How Does an Insurance Policy for Titles Protect an Insured Owner in Orange Park?
It covers events or circumstances that happened in the past before the buyer took title to the property. The experienced professionals at Nationwide Title Agency streamline the title clearing process for commercial and residential properties and help make the closing process smooth, efficient and hassle-free. Our responsive, well-trained staff will make every effort to exceed your expectations.
We Offer These Insurance Services in Florida:
- Owner’s Title Policy
- Title Searches
- Lender’s Title Policy
- Document Preparation Services
- Real Estate Settlement Services
- Escrow Service
The real estate may be sold to you without the knowledge of the party having a right or claim in and to the property. And while property ownership may seem very straightforward, a homebuyer’s rights to enjoy their property aren’t always as clear. Title policy protects real estate owners and lenders against any property loss or damage they might experience because of liens, encumbrances or defects in the title to the property. Title insurance guarantees that you have legal and “marketable” title to the property you are financing. Whether it is a Construction Loan or a Citrus Grove or a Condo on the Beach, Nationwide Title Agency will provide you with assistance in understanding the process and providing you with the information needed through the end of the transaction.
We look forward to serving you in your next real estate settlement!