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Home > Property Insurance Coverage > Title Insurance > Whatcom Land Title Co., Inc.
Whatcom Land Title Co., Inc.
Whatcom Land Title is locally owned and managed, with each of them employ they red to make decisions to accommodate their client needs. Their staff of professionals has over 50 years of combined experience in title and escrow services. They offer old fashioned personal service and are dedicated to providing efficient and effective service with state of the art computer technology, while remembering the importance of quality customer service.
Insurance against the loss resulting from defects of title to a specifically described parcel of real property. It involves the issuance of an insurance policy promising that if the state of the title is other than as represented on the face of the policy, and if the insured suffers losses as a result of the difference, the insurer will reimburse the insured for that loss and related legal expenses, up to the face amount of the policy.
Escrow is the process of document transfer in which a deed, bond or funds is delivered to a third person to hold until all conditions in a contract are fulfilled. The Escrow instructions that are signed by the buyer, seller and lender if applicable enable the escrow agent to carry out the procedures necessary to transfer real property or other assignable interest.
The title insurance is a type of insurance that protects the financial interest in property of a lender or owner. In the United States this type of insurance is very common and many companies are specialized in offering a good service to protect their clients. By doing this, the companies are more efficient at the moment of detecting, preventing and removing risks and losses attributable to title problems. Usually, the coverage of the companies is provided on commercial and residential properties, aircraft, and personal property collateral, nautical vessels, among others.
Their goal is to provide timely and quality service that will keep your business in compliance with taxing authorities and provide you with the information you need to make informed decisions regarding the operations of your company.
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