Title Tips

When closing a real estate purchase through a title company, the buyer is given the option to purchase an Owner’s Title Insurance Policy. The title company will produce a report called a “title commitment.” Within this commitment will be requirements that need to be met in order to insure title. The title commitment may show,

As a title insurance company, our purpose is to offer title insurance for a premium to both lenders and purchasers. However, you would be shocked at how many of our clients don’t understand what title insurance is. They just know they need to go to a title company to finalize their real estate transaction. So,

It’s surprising how often buyers, sellers, real estate agents, and mortgage loan officers ask us why the title company needs a certified copy of a divorce decree for recording to close a transaction. It may seem odd, but this is completely understandable and very common. A question we always get is, “The property has already

When closing on a home, you have a choice of which title company to work with. You may not know it, but you can pick your title company.  It’s an important fact that not all title companies are created equal. Closing on your home is a BIG deal, and it is important you feel that

We are kicking off part 5 of our blog series, “Closing Explained”. I want to write on a topic that can be very foreign to clients. This week I will be explaining the closings costs that go along with closing on the sale of your property. Many of these costs can seem confusing or are

This week on “Closing Explained,” I will be explaining the different types of deeds you are able to use to go into title on your property. There are seven different types of deeds in the state of Minnesota. Today we will touch on the three most commonly used deeds. All Minnesota Deeds: Warranty Deed Limited

We are kicking off part 3 of our blog series, “Closing Explained.” This week, we’re going to explain what title insurance is and why you need it. Some of you may be wondering, what’s the purpose of a title company? Don’t they just notarize documents? That’s a fair question, but there is so much more

I am so excited to continue our new blog series “Closing Explained.” This blog kicks off part two of the series, and this week we will be discussing what it means to homestead your property which is commonly referred to as “Homesteading.” The term, Homesteading, is unfamiliar to those not in the real estate industry,

Closing on your home is a BIG deal!™ It might be surprising to know that a lot of clients aren’t even sure what to expect from their real estate closer, or even the closing itself. We at TitleSmart would love for our clients to understand their closing process, instead of feeling like they are in