When you are buying, selling, or transferring real estate in DeBary, FL, obtaining title insurance from a respected title company before a deed transfer is a smart way to protect your interest and have a successful real estate closing.
Ability Title is a respected full-service title company. We handle the entire real estate transaction process, including title searches, deed transfers, and closings. We serve clients throughout DeLand, Deltona, and Orange City from our office in DeLand, FL. When you use our title services and insurance, you can be assured that you are receiving a clean, saleable title to the property.
In a nutshell, title insurance protects real estate buyers and those with a vested financial interest in real property against any title defects that were not found during a title search.
When you are buying or transferring real estate, it is essential to confirm that the seller is the legal owner of record on the property and that there are no liens or other encumbrances that would alter ownership or the value of the property.
Without title insurance, the property buyer would be legally obligated to pay any liens or tax liabilities that were not discovered during a routine title search. These and other defects with the title could make the property worth significantly less than initially thought. And if it is later discovered that the seller was not the legal owner and had no right to sell the property, you would lose possession of the property and any monies paid. That’s why your mortgage service provider will require title insurance before securing the mortgage to the property.
Let Ability Title handle your real estate closing needs. We can provide you with title commitments, title insurance, loan document preparation, closing documents for the buyer(s), and the seller(s), escrow services, 1031 exchanges, and more.
Visit our website or contact us at (386) 734-5766 to obtain title insurance in DeLand, FL today!