• Owners Title Insurance Policy: Protection against potential risks that may arise as a result of certain title defects. Such potential risks may include, bat are not limited to:
  • Fraud/False Impersonation.
  • Forgery of documents including deeds or wills.
  • Liens for unpaid debts, including unpaid state or federal taxes.
  • Mistakes in recording title documents.
  • Missing or undisclosed heirs/claimants.
  • Invalid Deeds (i.e.: Deeds executed by minors or persons of unsound mind).

   

• Mortgagee's Title Insurance Policy (Loan Policy):
  A Title insurance policy insuring a mortgagee, or beneficiary under a deed of trust, against loss caused by invalid title in the borrower, or loss of priority of the mortgage or deed of trust.

• Leasehold Policy: Insuring the leasehold interest to either a lender, leasor, or leasee.

• Searches:
  
  
• Owner's and Encumbrance Report:
  A search of the records, compiling the ownership interest, and any encumbrances.
  
  
• Foreclosure Searches:
  A search of the records that conforms to the necessary statutes, setting out all matters pertinent to the notice, provisions for foreclosure, as well as the ownership and encumbrances.
  
  
• Escrow Closing:
  Settlement services for the closing of sales, refinance, home equity, construction and commercial properties.
  
  
• Third Party Escrow Service:
  Holding of funds, or documents, pursuant to written instructions.
  
  
• 1031 Exchange Transactions

Great American Title is approved by all major lenders to close your transaction.

• Construction Disbursement:
  The incremental disbursement of construction loans, and/or cash, assuring the lender and owner that all bills paid are representative of labor or materials on site, and that all lien waivers have been properly executed.