Buying land is making an investment in your dreams! Whether you’re interested in building your “forever home” from the ground up or speculating on undeveloped land with future commercial potential, it’s important to locate a suitable property that meets your needs and fits your budget. Once your offer is accepted and the property is under contract, our team of title and escrow professionals at First National Title (FNT) is here to help you prepare for a smooth closing!
We have 25 locations to serve you throughout The Natural State, and you’ll always be able to work with experienced professionals in or near your community who always put the client first! We operate independently of ownership by any real estate agency or financial institution. All efforts are made to make sure your closing proceeds on schedule without any complications. Our title researchers will begin by confirming that the owner holds clear title to the property without any encumbrances. If property owners are delinquent on taxes, HOA dues, or child support payments, creditors often place liens against their property titles that must be resolved before the home or land can change hands. If a previous property owner died without leaving a will, there could also be unknown heirs with a legitimate claim on the property.
Once our title search is complete and our researchers are satisfied that the title is unencumbered, we will proceed to a closing on the transaction. Once our professional expert escrow team has completed the closing and all funds have been disbursed and all required recordings have been processed, FNT will issue you an owner’s title insurance policy. FNT issues title insurance products through the top title insurance companies in the industry, including First American Title Insurance Company, Chicago Title Insurance Company, Commonwealth Land and Title Insurance Company, Fidelity National Title Insurance Company, and Old Republic National Title Insurance Company. In the unlikely event of a future title dispute, your policy will protect you. Title insurance is essential to protect your real estate investment, and your policy will be effective for as long as you own the property.
If you have any questions about title insurance, or real estate closings, contact us online or at any of our 25 Arkansas locations listed below.