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  How does a Title Company help with the Sale of Real Estate?
Now that you've decided to buy or sell real property, such as a home, what happens between now and
the time you can become its legal owner?
First, you sign a contract and pay an escrow fee. If you are obtaining financing, your loan
application will have to be approved. In doing this, the lender will include a credit check on
you and an appraisal and survey of the property. Legal papers will be prepared for the parties
to sign. This will include a new deed, note and mortgage. The title to the property will be
checked to determine what debts are owed against the property and who is its legal owner.
There may be a new survey of the property.
Finally, when all things are in order, the settlement ("closing") will take place. The seller
will sign a warranty deed to the buyer. If the buyer is financing the purchase, the buyer will
sign a note and deed of trust. If there is an old loan on the property, it will be paid off
and "released." The seller, realtor, surveyor, attorneys, title company and others performing
services for you will be paid. Title insurance polices will then be issued to you and your lender.
At Young Title Company, Inc., we search, examine, close, and insure land titles. Title insurance
policies are issued to the homeowner and the lender, assuring them financial protection against
adverse title claims or risks. Equally important are any potential title claims that surfaced in
the search/examination process that can be resolved by the parties prior to closing their
transaction. For a detailed look at the process from our end, please look at What Young Title Does.
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