Sometimes, even the smoothest real estate transactions may take weeks to complete, and a lot of things can happen. That’s why it’s so important to make sure that you perform your due diligence and make sure that the seller is in a clear position to sell the property, and that there are no defects with the title (commonly known as title clouds). The most common title clouds you might encounter include delinquent taxes, child support, HOA dues, and legal judgments and liens. Fraud and forgery isn’t quite as common, but if a family member signed someone else’s name to a legal document to expedite a sale, it can result in major legal problems later. If there are any clouds on the title, they must be resolved before the title can be transferred. That is why title insurance is such an important part of each real estate transaction.
First National Title (FNT) is Arkansas’ largest independent property title insurance company. What this means is that we are not owned by a financial institution or real estate agency. Our team of title and escrow professionals are committed to providing legendary service for every transaction, and you will always be able to deal with an agent who lives in or near your community.
Once it is proven through the title search that the seller holds clear title to the property, we can issue you an owner’s policy, commensurate with the closing of your real estate transaction. The policy is effective for as long as you own the home, and shields you against most out of pocket legal fees in the event of a title dispute. Title insurance provides peace of mind as you move into your new home.
FNT was created on the principle of providing the State of Arkansas with valuable services as title professionals, and we owe our success to lots of repeat customers and word of mouth referrals. We have over 200 professionals on staff, and they are all ready to go to work for you!
If you have any questions about title insurance, contact us online, or at any of our 25 Arkansas locations listed below!