Products & Services
Title
South Coast Title and Escrow, Inc.'s thorough title searches
provide comprehensible title and property reports, while meeting your
demands for rapid turnaround times.
Our nationwide network of title abstractors allows us to provide
competitively priced and timely services, conforming to each state's
guidelines.
Our reports provide recorded deed information, tax information, mortgages,
judgment liens and all other items filed against the property.
Rapid Turn Around Times typically 24-48 Hours.
We will close your loans promptly, expediently and professionally
Closing
Our complete professional staff is ready to handle your refinance, home equity, and purchase money transactions. Rest assured with SouthCoast Title and Escrow, Inc., you can close loans at a time and location convenient for you and your client. Our experienced attorneys are eager to help you and your clients with any questions.
We understand your needs:
You and your clients need efficient, prompt closings preformed in a
professional, convenient, and friendly environment. At SouthCoast Title
and Escrow, Inc. your client chooses the location and time of their
closing.
• Home Equity
• First Mortgage Purchase, Refinance
• In-Home Closing
• After Hours Closing
• Escrow
• Escrow Holdback
• Disbursement
• Non-Disbursement
• Lot Closing
• Dual Closing
• Document Preparation
• Commercial Properties
Insurance
Why purchase title insurance?
A home is usually the largest single investment any of us will ever make.
When you purchase a home, you will purchase several types of insurance
coverage to protect your home and personal property. Homeowners insurance
protects against loss from fire, theft or wind damage. Flood insurance
protects against rising water. A unique coverage known as title insurance
protects against hidden title hazards that may threaten your financial
investment in your home.
More about Title Insurance:
Title insurance is not well understood as other types of home insurance, but
is just as important. When purchasing a home, instead of purchasing the
actual building or land, you are really purchasing the title to that
property - the right to occupy and use that space. That title may be
limited by rights and claims asserted by others, which may limit your use
and enjoyment of that property or even bring financial loss. Title
insurance protects you from these potential hazards.
Other types of insurance focus on possible future events and charge an
annual premium. On the other hand, title insurance protects against loss
from hazards and defects that already exist in the title and is purchased
with a one time premium.
There are two basic kinds of Title Insurance:
• Lender or Mortgagee protection
• Owner's Coverage
Lender's protection:
Most lenders require mortgagee title insurance as security for their
investment in real estate just as they may require other types of insurance
as investor protection. When title insurance is provided lenders are
willing to make mortgages available in distant areas where they know little
about the market.
Owner's coverage:
Owners coverage lasts as long as you or your heirs have an interest in the
insured property. This may be even after you have sold your property.
Depending on local practices and state law where the property is located,
you may pay an additional premium for an owners policy or you may pay a
simultaneous issue charge - usually a smaller amount for the separate lender
coverage. You may even split settlement costs with the seller for the
lenders or owners policy.
What
does your premium really pay for?
An important part of title insurance is its emphasis of risk elimination
before insuring. This gives you, as the policy holder, the best possible
chance for a title claim and loss.
Title insuring begins with a search of public land records affecting the
real estate concerned. An examination is conducted by a title agent or
attorney on behalf of its underwriter to determine whether the property is
insurable. The examination of evidence from a search is intended to fully
report all "material objections" to the title. Frequently documents that do
not clearly transfer are found in the "chain" or history that is assembled
from the records in a search. Here are some examples of documents that can
present concerns:
• Deeds, wills and trusts that contain improper wording or incorrect names.
• Outstanding mortgages and judgments, or a lien against the property.
• Easements that allow the construction of a road or utility line.
• Pending legal action against the property that could affect the purchaser.
• Incorrect notary acknowledgements.
Thorough search and the examination, title problems are disclosed so they
can be corrected when ever possible. However, even the most careful
preventative work cannot locate all hidden title hazards.
Hidden Title Hazards - Title Insurance is your last defense
In spite of all the expertise and dedication that go in to a title search
and examination, hidden hazards can emerge after closing, resulting in
unpleasant and costly surprises. Some examples of hazards include:
• A forged signature on the deed, which would mean no transfer of ownership
to you.
• An unknown heir of a previous owner who is claiming ownership of the
property.
• Instruments executed under an expired or fabricated power of attorney.
• Mistakes in the public records. Title insurance offers financial
protection again these and other covered title hazards. The title insurer
will pay for defending against an attack on title as insured, and will
either perfect the title or pay valid claims-all for a one time charge at
closing.
Your home is your most important investment. Before you go to closing, ask
about your title insurance protection, and be sure to protect your home with
an owner's title insurance policy.
Whether you are a realtor, lender, builder, developer, lawyer, lender or
homeowner, you can count on SouthCoast Title and Escrow, Inc for
service that's always fast accurate and of the highest quality.
Additional Services
Automated Valuation Models (AVM)
