Title

Some of the most crucial aspects of a successful real estate transaction occur between the signing of a contract and the closing. With this in mind, Michael Saunders & Company created MSC Title, with local, experienced staff and full-service coordination.

Unlike auto or health insurance, which protect against future events, title insurance covers things that occurred in a property's past, such as another person claiming an ownership interest, improperly recorded documents, easements, or fraud and forgery.  When you buy a property, you expect to occupy and use the property as you wish, free from debts and obligations not created or agreed by you, and to be able to freely sell or pledge your property as security for a home.  Title insurance is designed to protect these rights.

Be sure to use an experienced team of escrow closers, processors and examiners who are committed to providing outstanding service with every closing.  If you choose MSC Title, rest assured that every detail will be handled with accuracy and timeliness to ensure a professional closing.

Talk to your agent, visit MSCTile.com or contact your preferred title company or attorney for a quote  or to order title insurance.

Title insurance basics

For many, title insurance is a mysterious component of the real estate transaction. We don't like real estate mysteries. Here's what you need to know.

  • What is title insurance?

    Unlike other types of insurance which protect against future events, like car, health or travel, title insurance covers you for things that occurred in the past of the property. This could include things like another person claiming an ownership interest, improperly recorded documents or fraud and forgery.

  • Why do I need title insurance?

    When you buy a home, or any property for that matter, you expect to occupy and use the property as you wish, to be free from debts and obligations not created or agreed to by you, and to be able to freely sell or pledge your property as security for a home. Title insurance is designed to protect these rights.

  • Are there different types of title insurance?

    Yes, there are two types of title insurance, owners and lenders. Owners coverage is a policy that protects the owner against adverse claims against the property. Lenders coverage protects the lender for the amount of the loan on the property.

  • What does title insurance cover?

    A standard policy covers some of the following risks that are not apparent in public recordsh risks:

    • Forgery and impersonation;
    • Lack of competency, capacity or legal authority of a party;
    • Deed not joined in by a necessary party (co-owner, heir, spouse, corporate office, or business partner);
    • Undisclosed (but recorded) prior mortgage or lein;
    • Undisclosed (but recorded) easement or use restriction;
    • Erroneous or inadequate legal descriptions;
    • Lack of right of access; and
    • Deed not properly recorded
  • Do I lose my property if I make a claim?

    Not at all. At the mere hint of claim adverse to your title, you should contact your title insurer or the agent who issued your policy. Title insurance includes coverage for legal expenses which may be necessary to investigate, litigate or settle an adverse claim.

  • How much does title insurance cost?

    The cost varies, depending mainly on the value of your property. The important thing to remember is that you only pay once, then the coverage continues in effect for so long as you have an interest in covered property. If you should die, the coverage automatically continues for the benefit of your heirs.