Title insurance provides you and the lender protection in case something unforeseen happens. Title insurance covers the loss of ownership interest in your property due to any number of reasons. Unlike traditional insurance that protects you against something in the future, title insurance protects you from something in the past. Also unlike other types of insurance, you only pay a premium once, at the time of the closing.

You and a seller have agreed on a real estate transaction. Once that happens, a title company is brought in as the next step. The title company will conduct title searches and title exams – essentially the same thing with the two terms used interchangeably. Excel Title Services accurately and promptly performs title searches/exams, including sixty-year searches and current owner searches. We can even coordinate your title searches/exam needs across the U.S.

A title search/exam is an examination by a title agent of all public records that affect the property a buyer is purchasing. The title agent reviews prior mortgages, judgments, and liens to make sure they were all paid in full and past wills, deeds and trusts, making sure the title has passed correctly to each new owner. The title agent is looking for unpaid taxes, an unsatisfied contractor’s lien, a boundary dispute, or fraudulent documents – any issue that can interfere with your purchase.

Excel Title Services accurately and promptly performs Uniform Commercial Code (UCC) and litigation searches throughout the U.S.

Excel Title Services can also einsure the proper filing of UCC-1 financing statements and any UCC-3 admendments in all states.

In foreclosure matters, Excel Title Services is an experienced provider of Preliminary Judicial Reports and Judicial Commitments.

Foreclosure occurs when mortgage lenders take possession of real estate to recoup losses on a defaulted loan. When foreclosure begins, the lender obtains a title report to verify certain information about the property.

Excel Title Services has a team of tax attorneys who can coordinate, structure, and document your 1031 exchange. We can help you defer the tax that would otherwise be due upon the sale of your property while complying with federal tax law. For information regarding 1031 exchanges and related-services, click here.

Excel Title Service’s experienced staff of closing agents is highly skilled at coordinating all aspects of a real estate transaction. We prepare all necessary closing documentation, review surveys and disburse closing funds.

Are you buying property in another state? If so, Excel Title Services can help. Through our network of contacts, we are able to effectively coordinate transactions involving sites in multiple counties and states. Our experienced team has extensive experience in national real estate transactions.

Each state has their own requirements and we have both the industry contacts and the experience necessary to address any interstate issues that might impact your project.

At the conclusion of your real estate transaction, we’ll take all documents related to the transaction and ensure they are recorded with the proper local, state and national entities. We make sure the files are correct and in the right place. Our experts will ensure the timely recording of deeds, mortgages, leases, etc., to protect your real estate interests. We will determine the applicable recording fees and transfer tax, file documents where required, and address all other recording issues.

Excel Title Services coordinates title updates, issues endorsements and updates for partial loan advances and construction draws.

The draw schedule is a detailed payment plan for a construction project. If a bank is financing the project, the draw schedule determines when the bank will disburse funds to you and the contractor. The goal is to make progress payments to the contractor as work is completed.

Once a draw request is submitted, a host of activity needs to occur to ensure timely payment to contactors for completed services.

Most lenders and title insurance underwriters require a survey of the property being purchased or mortgaged. Excel Title Services will assist you in locating a land surveyor for the appropriate land survey to fit the needs of your real estate transaction.

We will order a survey and review for any potential problems. If any issues are discovered, we will notify the real estate broker, lender and the new buyer immediately.

Excel Title Services is fully equipped to act as the Escrow Agent on any transaction, including managing earnest money escrow accounts and post-closing escrow accounts. Excel Title Services is fully insured and its closings may be insured on request.