|
|
 |
| |
|
Home > Property Insurance Coverage > Title Insurance > MG Title, LLC
MG Title, LLC
Title insurance protects against a loss to the lender or the owner in the event that the title to the property is other than as insured. Title insurance is an essential part of virtually every transfer of ownership of residential or commercial real estate. It is purchased at settlement, and the title insurance policies are issued shortly thereafter. Although it can be one of the higher costs of closing, buyers should be aware that it protects them against potentially disastrous losses.
MG Title provides title and escrow services in connection with District of Columbia, Maryland, Virginia, Pennsylvania, and Delaware, Minnesota, and Florida real property transactions. Their coverage areas are expanding, however, so please return to this site regularly to see if they have added your particular jurisdiction.
After a buyer and seller negotiate the terms of their deal and sign a sales contract, many tasks must be completed before they can officially close the deal. As the title and escrow company coordinating the transaction's many elements, MG Title facilitates the process of getting buyer and seller to the settlement table by working closely with real estate professionals, brokers, lenders, insurers and others to ensure that the process goes smoothly.
For refinance transactions, MG Title coordinates the settlement process between borrowers and lenders. Having fewer parties involved in the process allows refinance closings to be conducted by their attorneys at a time and place convenient for the borrowers, e.g., their home, work and broker's office. The settlement process is the most important and often the most stressful portion of any real estate transaction. However, MG Title's time-proven methods help ensure that the process goes as smoothly as possible for all parties involved.
They're licensed, bonded and insured and we process residential and commercial real estate transactions of all types and sizes. They also offer competitive rates and fees, and their turnaround speed makes us a favorite of brokers and loan officers. In this business of deadlines, last-minute changes and adjustments, and other time-sensitive issues, connectivity and dependability are a must. Their team is in contact with their office network around the clock.
At MG Title, quality customer service is always their goal. As the industry expanded, the firm provides basic services to real estate sellers, buyers, lenders, brokers, developers, attorneys, builders, and others.
Everything you need to know about
Home Insurance is here at
CoverMeHomeInsurance.com
Permission is granted to reproduce this article as long as the above
resource paragraph is left intact with active links.
Back to Title Insurance
|
|
|
|
|
|
|
|