We purchase insurance policies for our health, vehicles, jewelry, and other valuables – all in an effort to protect against unforeseen circumstances. And since the most valuable asset many people own is their home, insuring it is perhaps one of the most important steps when closing the deal on your property.
Title insurance companies like First National Title Company (FNTC), as an agent for several national underwriters, can issue your policy. In fact, our experienced staff of closers and title examiners will guide you through every step of your real estate transaction in a prompt, professional, and accurate manner. This includes title searches and escrow closing services.
For real estate transactions in Arkansas, title searches are crucial. It is so important, no matter where deals are conducted, to work with reliable title companies that perform thorough searches and professional procedures necessary to reach a satisfactory closing.
A title search is performed primarily for two reasons: to verify the seller’s right to transfer ownership, and to uncover any claims, errors, assessments, debts, or other restrictions on the property. The American Land Title Association reports that title companies discover and remedy issues with titles in approximately 25 percent of transactions.
When you decide to sell your home, you may not realize how overwhelming the process can be. There are many factors to consider. First National Title Company (FNTC) would like to share a few things you should know before selling.