Insuring the Past,
To Secure Your Future

Welcome to Florida! We are a professional South Florida Real Estate Title Company that strives for fast, efficient, and professional real estate closings. As your full service title and escrow service company, our role is to make certain that your real estate closing is effortless. Our knowledge combined with outstanding customer service, will insure that your experience with our company will be unforgettable. We are licensed for the entire state of Florida.

To get started click on one of the links below.

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Welcome to Realty Title Solutions Cape Coral FL

Insuring the Past,
To Secure Your Future

We are a professional South Florida Real Estate Title Company that strives for fast, efficient, and professional real estate closings. As your full service title and escrow service company, our role is to make certain that your real estate closing is effortless. Our knowledge combined with outstanding customer service, will insure that your experience with our company will be unforgettable.

To get started click on one of the links below.

New to our website?

Please take a moment and read the information below for some details on Title Insurance and
why you will want to make sure you invest in Title Insurance for your home or property purchase.

New to our website?

Please take a moment and read the information below for some details on Title Insurance and why you will want to make sure you invest in Title Insurance for your home or property purchase.

What is Title Insurance and
Why Do You Need It?

Title insurance is a form of indemnity insurance that protects lenders and homebuyers from financial loss sustained from defects in a title to a property. The most common type of title insurance is lender’s title insurance, which the borrower purchases to protect the lender. The other type is owner’s title insurance, which is often paid for by the seller to protect the buyer’s equity in the property.

KEY REASONS TO GET TITLE INSURANCE

  • Title insurance protects lenders and buyers from financial loss due to defects in a title to a property.
  • The most common claims filed against a title are back taxes, liens, and conflicting wills.
  • A one-time fee paid for title insurance covers pricey administrative fees for deep searches of title data to protect against claims for past occurrences.
Realty Title Solutions Cape Coral FL

What is
Title Insurance
and Why Do You Need It?

Realty Title Solutions Cape Coral FL

Title insurance is a form of indemnity insurance that protects lenders and homebuyers from financial loss sustained from defects in a title to a property. The most common type of title insurance is lender’s title insurance, which the borrower purchases to protect the lender. The other type is owner’s title insurance, which is often paid for by the seller to protect the buyer’s equity in the property.

KEY REASONS TO GET TITLE INSURANCE

  • Title insurance protects lenders and buyers from financial loss due to defects in a title to a property.
  • The most common claims filed against a title are back taxes, liens, and conflicting wills.
  • A one-time fee paid for title insurance covers pricey administrative fees for deep searches of title data to protect against claims for past occurrences.
Realty Title Solutions

Understanding Title Insurance

A clear title is necessary for any real estate transaction. Title companies must do a search on every title in order to check for claims or liens of any kind against them before they can be issued.1

A title search is an examination of public records to determine and confirm a property’s legal ownership and to find out whether there are any claims are on the property. Erroneous surveys and unresolved building code violations are two examples of blemishes that can make the title “dirty.”

Title insurance protects both lenders and homebuyers against loss or damage occurring from liens, encumbrances, or defects in the title or actual ownership of a property. Common claims filed against a title are back taxes, liens (from mortgage loans, home equity lines of credit (HELOC), and easements), and conflicting wills. Unlike traditional insurance, which protects against future events, title insurance protects against claims for past occurrences.1

A basic owner’s basic title insurance policy typically covers the following hazards:2

  • Ownership by another party
  • Incorrect signatures on documents, as well as forgery and fraud
  • Flawed records
  • Restrictive covenants (terms that reduce value or enjoyment), such as unrecorded easements
  • Encumbrances or judgments against property, such as outstanding lawsuits and liens
Realty Title Solutions

Understanding Title Insurance

A clear title is necessary for any real estate transaction. Title companies must do a search on every title in order to check for claims or liens of any kind against them before they can be issued.1

A title search is an examination of public records to determine and confirm a property’s legal ownership and to find out whether there are any claims are on the property. Erroneous surveys and unresolved building code violations are two examples of blemishes that can make the title “dirty.”

Title insurance protects both lenders and homebuyers against loss or damage occurring from liens, encumbrances, or defects in the title or actual ownership of a property. Common claims filed against a title are back taxes, liens (from mortgage loans, home equity lines of credit (HELOC), and easements), and conflicting wills. Unlike traditional insurance, which protects against future events, title insurance protects against claims for past occurrences.1

A basic owner’s basic title insurance policy typically covers the following hazards:2

  • Ownership by another party
  • Incorrect signatures on documents, as well as forgery and fraud
  • Flawed records
  • Restrictive covenants (terms that reduce value or enjoyment), such as unrecorded easements
  • Encumbrances or judgments against property, such as outstanding lawsuits and liens

Frequently Asked Question on Title Insurance

What Are the Types of Title Insurance?
There are two types of title insurance: lender’s title insurance and owner’s title insurance (including extended policies). Almost all lenders require the borrower to purchase a lender’s title insurance policy to protect the lender in the event the seller was not legally able to transfer the title of ownership rights. A lender’s policy only protects the lender against loss.

Since title searches are not infallible and the owner remains at risk of financial loss, there is a need for additional protection in the form of an owner’s title insurance policy. Owner’s title insurance, often purchased by the seller to protect the buyer against defects in the title, is optional.

How to Buy Title Insurance?
An escrow or closing agent initiates the insurance process upon completion of the property purchase agreement. Often, a lender’s policy and an owner’s policy are required together to guarantee everyone is adequately protected. At closing, the parties purchase title insurance for a one-time fee. The cost of owner’s title insurance ranges between $500 and $3,500, depending on the state in which you live, the insurance provider you choose, and the purchase price of your home.

Why Buy Title Insurance?
Having no title insurance exposes transacting parties to significant risk in the event a title defect is present. Consider a homebuyer searching for the house of their dreams only to find, after closing, unpaid property taxes from the prior owner. Without title insurance, the financial burden of this claim for back taxes rests solely with the buyer. With title insurance, the coverage protects the buyer for as long as they own—or have an interest in—the property. Similarly, the lender’s title insurance covers banks and other mortgage lenders from unrecorded liens, unrecorded access rights, and other defects.

Frequently Asked Question on
Title Insurance

What Are the Types of Title Insurance?
There are two types of title insurance: lender’s title insurance and owner’s title insurance (including extended policies). Almost all lenders require the borrower to purchase a lender’s title insurance policy to protect the lender in the event the seller was not legally able to transfer the title of ownership rights. A lender’s policy only protects the lender against loss.

Since title searches are not infallible and the owner remains at risk of financial loss, there is a need for additional protection in the form of an owner’s title insurance policy. Owner’s title insurance, often purchased by the seller to protect the buyer against defects in the title, is optional.

How to Buy Title Insurance?
An escrow or closing agent initiates the insurance process upon completion of the property purchase agreement. Often, a lender’s policy and an owner’s policy are required together to guarantee everyone is adequately protected. At closing, the parties purchase title insurance for a one-time fee. The cost of owner’s title insurance ranges between $500 and $3,500, depending on the state in which you live, the insurance provider you choose, and the purchase price of your home.

Why Buy Title Insurance?
Having no title insurance exposes transacting parties to significant risk in the event a title defect is present. Consider a homebuyer searching for the house of their dreams only to find, after closing, unpaid property taxes from the prior owner. Without title insurance, the financial burden of this claim for back taxes rests solely with the buyer. With title insurance, the coverage protects the buyer for as long as they own—or have an interest in—the property. Similarly, the lender’s title insurance covers banks and other mortgage lenders from unrecorded liens, unrecorded access rights, and other defects.

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1227 SE 47th Street, Cape Coral, FL 33904 • Tel: 239-344-DEED (3333) • Fax: 239-242-2014

© 2021. Realty Title Solutions, LLC. * All rights reserved. Website by Visitivity Inc.

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1227 SE 47th Street, Cape Coral, FL 33904
Tel: 239-344-DEED (3333) • Fax: 239-242-2014

© 2021. Realty Title Solutions, LLC. * All rights reserved. Website by Visitivity Inc.

https://floridarealtyteam.com/wp-content/uploads/2021/06/271-2713890_bbb-a-plus-logo-better-business-bureau.png