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Home > Property Insurance Coverage > Title Insurance > Clark Fork Title, Inc.
Clark Fork Title, Inc.
To protect possibly the most important investment you'll ever make the investment in real estate. A lender goes to great lengths to minimize the risk of lending money for the purchase of real estate. First, credit is checked as an indication of the borrower's ability to repay the loan. Then, the lender seeks assurance that the quality of the title to the property to be acquired and which will be pledged as security for the loan is satisfactory. The lender does this by obtaining a loan policy of title insurance.
They have been serving Sanders County, Montana, since 1993 providing the most complete and reliable land title services available. They are a member of both the Montana Land Title Association and the American Land Title Association.
Their title policies go through a vigorous search and examination process with the help of their professional staff. Through their turn key process they offer two types of insurance policies, an owners and a mortgage policy. Before they issue any policy, it becomes a report or what they call a commitment. This commitment states who the deed holder is, any outstanding liens, encumbrances and other defects which might affect the title of the property. This information is very important to you and will be used as a guideline to fulfill all requirements to convey clear title. Upon completion of all requirements, a closing will take place. After it closes, their final policy department will issue a title insurance policy. This policy sets out the new ownership, if any, and incorporates all other changes which took place up to the date of closing. Separate policies are written to protect both the interests of the property owner and the lender.
Their insurance policies are a contract of indemnity. The policy will protect you against any hidden title hazards for as long as you own the property. Remember, many things can go wrong during the title process which can affect clear title to the property, like secretarial mistakes in the public records, previously undisclosed heirs with claims against the property, a forged deed that transfers no title to real estate and many more. That is why you need a title company that has the experience, knowledge and financial backing like they do. They can help you fix past title defects and secure your most important investment for the future.
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