Our in-house title insurance agency: Colonial Land Transfer, Ltd
Harrisburg, Pennsylvania Title Insurance Company
If you are buying or refinancing a home or business, you cannot avoid title insurance. The lender will require you to buy title insurance to protect their interest in the property as well as yours. However, it is important to remember that you are buying the insurance, not the lender. This leads to two questions:
- Can you save money by knowing a few basics?
- Can you choose your own Title agent to write the policy and close the deal for you?
The answer to both of these questions is: YES.
Let's look at Question 2, first. You are spending a significant sum of money on the home, and you are paying considerable fees to the bank. Using your own Title agent costs no more than the lender or real estate agent's "referral." You are paying the same amount of money, but you are in control of the closing. Your title agent is on your side of the closing table working for you.
Title insurance companies are in business to make sure your rights and interests to the property are clear, that transfer of title takes place efficiently and correctly and that your interests as a homebuyer are protected to the maximum degree.
Our Harrisburg Title Insurance Company
The law firm of Beinhaur & Curcillo provides title insurance through our in-house title insurance company, Colonial Land Transfer, Ltd. Nothing is more important than efficient, professional and courteous service when closing a residential or commercial transaction. That is why we pride ourselves on delivering the most accurate and complete title commitments in a timely manner. Our clients have learned to expect the utmost in service and we deliver. Our Underwriters include First American Title Insurance Company.
We provide title insurance to buyers, sellers, real estate developers, builders, mortgage lenders and others who have an interest in real estate transfer. We issue two types of policies - "owner's," which covers the homebuyer; and "lender's," which covers the bank, savings and loan or other lending institution over the life of the loan. Both are issued at the time of purchase for a modest, one-time premium.
Before issuing a policy, we perform an extensive search of relevant public records to determine if anyone other than you has an interest in the property. Once a title policy is issued, if for some reason any claim which is covered under your title policy is ever filed against your property, the title company will pay the legal fees involved in defense of your rights, as well as any covered loss arising from a valid claim.
The lawyers and title insurance agents at Beinhaur & Curcillo serve serving real estate clients in Harrisburg, Colonial Park, East Shore, West Shore, Cumberland, York, and Dauphin County in south-central Pennsylvania. Contact us today.
E-mail us or call our attorneys toll-free at 1(866) 314-4LAW.
