Frequently Asked Questions
Find the answers to commonly asked questions that Ticon Title Company answers everyday
Title Search
In order to ensure a buyer is the rightful property owner, a thorough examination of property records is completed during a title search to guarantee the validity of a title.
Title Insurance
If a title is found to be valid, title insurance policies ensure protection for parties against claims or legal fees that may arise over ownership disputes.
Closing Process
You may interact with agents multiple times throughout the process, from escrow account maintenance, to document preparation and signatures – agents are there for your needs.
What exactly does a Title Company DO?
Simply put, a title company ensures that the title to a piece of real estate is legitimate - and then issues title insurance for that property. Title insurance protects lenders, buyers, and sellers against potential lawsuits or claims against the property (which can arise over title disputes).
At Ticon Title Company, we also maintain escrows accounts, containing the funds needed to close on a piece of real estate, which ensures the money is used ONLY for its intended purpose (settlement and closing costs).
Upon the formal closing stage, a Ticon Title agent produces all the necessary documentation, guides each party through the processes,
collects closing costs, distributes the money appropriately, and finally, ensures that the new titles, deeds, and other pertinent documents are filed with all the appropriate entities.
FAQs: The Closing Process
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What Documents Are Needed At Closing?
- Driver’s License or another form of valid ID
- Previous Property Title
- Payments Necessary
- Power of Attorney (if signing for another person)
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What Information does Ticon Need When I Give them my Signed Contract?List Item 2
Please include:
- Buyer Name, Address, Phone and Email
- Seller Name, Address, Phone and Email
- Mortgage Terms and Contact Info
- HOA Contact Info
- Buying and Listing Agent Name, Company and Contact Info
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What Documents Will I Receive After Closing?
There are two types of policies – owner’s policies and lender’s policies.
The owner’s policies sent to buyers include the original warranty deed and their policy.
The lenders receive the original mortgage, their lender’s policy and a copy of the warranty deed. You may also get a few more documents as they apply to your purchase.
Realtor Services
Get the most out of the Title company you work with - Ticon helps from listing to closing
Buyer Seller Services
Have a say on what company you use to close your home -
Ticon Title offers it all
Lender Services
Ticon is the Title Company of choice for mortgage professionals - Find out why
All the services you need,under one roof.
We offer a wide range of services to meet every type of party involved in the closing process.
Lenders, Realtors, Buyer and Sellers are equally represented by Ticon Title Company and enjoy exceptional service.
