Buyers / Sellers
Buyers: A piece of property is normally the most valued asset either a family or a business owns. It is very important to protect your investment from the possibilities of fraudulent activity with regard to ownership and the countless types of liens that could possibly be filed against your soon to be investment. Tiago Title is different than most title companies because we consider ourselves elite members of the title industry and try to provide as much assistance as you require in the purchase of your property. Please note, when going to purchase a piece of property you have a choice in which title company to use. Choose Tiago Title.
Sellers: The closing of a transaction can be very complicated. Why would you choose a company that will treat you like a number in the herd? Tiago Title is committed to excellence on every transaction and to assuring you the sale of your investment is handled appropriately. Please remember to notify your realtor or attorney that you wish to use Tiago Title for all your closing needs.
Illustration of Closing Fees:
Please note, the list of closing fees below is merely a sample guide and not an inclusive list of fees charged by Tiago Title.
Real Estate Commission: In the close of a real estate transaction the seller normally pays the real estate commissions due for the transaction. However, if the property is a for sale by owner, only one commission may be payable on the deal.
Property Taxes: In practically every state, the seller is responsible for property taxes up until the date of closing. This amount due will be listed on the commitment which is produced prior to the final title policy being issued. Also, please note, in the purchase of a home to be aware of the property taxes you will be responsible for in the future years. It is wise to budget for this amount in your monthly budget when you are determining what you feel comfortable paying each month in a mortgage payment.
Homeowners Insurance: It is typical that the buyer will purchase a homeowners policy prior to the close of the transaction. Most lenders will require proof of this policy prior to close.
Liens or Property Assessments: All liens and assessments attached to the property must be paid before the closing of the transaction. Typical liens are for back dues owed to the home owners association, tax liens, mechanics liens, and possible judgments against the prior owners.
Title Insurance: The purchase of title insurance may vary state to state as to whom is responsible for the payment.
Escrow Services: Similar to title insurance escrow services vary state to state as to whom is responsible for the payment.
The following are a list of items highly suggested to be completed on the home prior to purchase:
• Home Inspection
• Termite Inspection
• Mold Inspection
• Soil Inspection (if applicable)
• Property evaluation
Links To Our Underwriters
Tiago Title has chosen the following underwriters because they stand for the principles Tiago Title was founded upon in taking care of the customer. If you compare our rates to other larger title companies, you will come to the conclusion our rates are substantially less compared to our competitors. Why pay more for the same type of insurance policy?
Attorney’s Title Guarantee Fund
