Expedient Title Offers Electronic Recording Services for Your Convenience in Ohio & Florida
Most title companies send documents to the county courthouse for transfer and recording via regular mail, some send a person to walk through the documents. But what we do (in the counties that allow it – which is the majority of Ohio and Florida) is electronically record the documents, thus cutting down the time that a new lien/encumbrance could be placed against the property.
eRecording services increases accuracy
eRecording services eliminates the need and cost of mailing paperwork or hiring couriers
eRecording services increases security in the transmittal process
eRecording services can reduce the timeline of recording a document significantly
What Expedient Title Will Do to Keep Your Closing Safe in Volusia County and across the States of Ohio and Florida.
A title agency is a third party that provides title insurance and related services to customers in the real estate industry. Many people invest in real estate through a title agency rather than tackling the project alone. This can be advantageous because the title agency acts as an unbiased third-party when purchasing property, which means they have access to all the documents needed at closing. In addition, a title agency can provide peace of mind by helping to resolve any potential problems that may arise during a transaction.
Title Search and Property Survey
A title search is a critical part of the home-buying process. It helps to ensure that the property you buy is free and clear of any liens or encumbrances. A title agency may also conduct a property survey to ensure that the property's boundaries are precise and that there are no easements or encroachments that could potentially create problems for the new owner. A title search and a property survey can help protect your investment and keep your closing safe.
Closing
Title agencies are responsible for managing the closing process from start to finish. They work with buyers, sellers, real estate agents, lenders, and other parties to ensure everything is in order before the sale is finalized. This includes preparing and reviewing documents, ordering title searches, coordinating with the lender, and facilitating communication between all parties involved.
Filing and Recording Paperwork
A title agency is responsible for ensuring that all necessary documents related to your closing are correctly filed and recorded. This includes things like deed transfers, mortgage documents, and lien releases. This helps create a public record of your ownership interest in the property and can help resolve any legal disputes that may arise.
Title Insurance
Title agencies offer title insurance policies which include owner’s and lenders. An owner’s policy safeguards you from any claims or encumbrances against the property arising after you close the property. A lender’s policy protects the lender's interest if there are any problems with the title. It is important the consumer read their policy to understand standard exclusions and exemptions contained in all policies.
Funding
When you work with a title agency, they will hold and manage any money in an escrow account to ensure your closing goes smoothly. This account is used to pay for a down payment, taxes, insurance, and other costs associated with the property. By using an escrow account, buyers and sellers can be sure that all the necessary funds are available when they're needed. This can help to avoid last-minute delays or problems with the closing.
Title Ownership
An accurate title is the evidence of your ownership and the right to transfer that ownership to someone else. The title agency will work with you to record the transfer accurately. This is important because it can help prevent disputes over property ownership in the future.
Title agencies are an essential part of closing on a home. They help keep everyone safe by doing their due diligence and ensuring that all the paperwork is in order. They work with the lender, borrower, real estate agent, and attorney to ensure that everyone has what they need to close at the time and location convenient for all parties, ensuring a smooth process from start to finish. Expedient Title, We Close Anytime, Anywhere!