Our Blog

An ongoing series of informational entries

What is Title Insurance?

May 22nd, 2018

    If you never have purchased a home, you might not be familiar with title insurance. Title insurance protects both home owners and lenders against loss or damage occurring from liens, encumbrances, defects in the title, or actual ownership of a property. Unlike traditional insurance, which protects against future occurrences, title insurance protects claims from past occurrences of record that are unknown to you. The two types of title insurance are lender's title insurance and owner's title insurance.

     Lender title insurance policies protect the mortgage lender after the lender forecloses on your property. The lender's title insurance policy only protects the lender if a title or ownership problem arises after the property is foreclosed, therefore, it doesn't help you.  A lender's title insurance policy is issued for the amount of the mortgage, and the coverage decreases as you pay down your loan. The lender's title insurance policy ends when you pay off your mortgage. If you borrow money to buy your home or property, your lender is most likely will require you to purchase a lender's title insurance policy.

     Owner's title insurance polices protect the home owner for loss up to the full price of their home and legal costs defending your title if a title or ownership issue arises after they buy their home. This type of title insurance policy is issued for the amount the home owner paid for their home, and will cover the home owner as long as they own an interest in the property. The home owner is not required to purchase an owner's title insurance policy, but it is strongly recommended. It offers protection from any encumbrances on the property title that may have been missed after your property closing.

     Title2Land, LLC has been in business since 1998, and has closed over 50,000 property transactions. There isn't likely a property transaction that we haven't seen, and it would be a pleasure to go over any questions you may have about title insurance policies, and how they can offer you protection for your property purchase. Click this CO​NTACT US ​link and fill out the simple form. We will get back with you immediately, and set you up a free consultation with Baton Rouge's and all of Louisiana's expert title company! Let us be your one stop shop for property transactions!

Our Blog

An ongoing series of informational entries

Role of a Title Company

May 15th, 2018

     Title companies have several roles in a common real estate transaction. Title companies generally act as the agent of the title insurance company and represent mortgage lenders, if any, in relation to a real estate transaction. Title companies review titles, issue title insurance policies, facilitate closings, and files and records paperwork.

     Title companies have real estate title search and review departments. These departments review public records, in order to determine the status and condition of the title to the subject property. Title companies can also provide title search information involving the real estate property, upon request.

     Title companies facilitate real estate transactions. This means the title company is an agent to all parties involved in the real estate transaction. The title company coordinates obtaining signatures for all the closing documents, and the title company receives and distributes payments related to the real estate property transaction. After all parties sign the documents, the title company will record these documents that need to be recorded in the local parish land records office. 

     Title2Land, LLC has been in business since 1998, and has closed over 50,000 property transactions. There isn't likely a property transaction that we haven't seen, and it would be a pleasure to go over any questions you may have about the roles of a title company. Click this CO​NTACT US ​link and fill out the simple form. We will get back with you immediately, and set you up a free consultation with Baton Rouge's and all of Louisiana's expert title company! Let us take the ordeal out of your deal!

Our Blog

An ongoing series of informational entries

What are Closing Costs?

May 7th, 2018

     Everyone who has bought or sold a property in real estate has had to pay closing costs. Closing costs are expenses and costs over and above the purchase price of a property in a real estate transaction. Costs that may incur include loan origination fees, points, appraisal fees, title searches, title insurance, taxes, recording fees, realtor fees, home warranties, HOA dues, etc. These costs may be paid when the title is transferred from the seller to the buyer. The total dollar amount for title insurance usually depends on where the property is being sold, and the value of the property being transferred. Closing costs may be paid by either the seller, buyer, or both.

     Title2Land, LLC has been in business since 1998, and has closed over 50,000 property transactions. There isn't likely a property transaction that we haven't seen, and it would be a pleasure to go over any questions you may have about closing costs, who pays what, and how much the estimate of fees would entail. Click this CO​NTACT US ​link and fill out the simple form. We will get back with you immediately, and set you up a free consultation with Baton Rouge's and all of Louisiana's expert title company! Let us be your one stop shop for property transactions!

Our Blog

An ongoing series of informational entries

Creative Owner Financing for Real Estate Investors

March 16th, 2018

     Title2Land, LLC recently did a presentation at the RING meeting here in Baton Rouge, LA about owner financing. Most real estate investors don't realize this is a great option in their real estate transactions. There are 54 ways to purchase a property through owner financing, which can be overwhelming if you don't understand the process.

     Some real estate investors are familiar with the terms "subject to", "bond for deed", and "lease purchase", but many have no idea which are available, or how they can be implemented in their real estate deals. Instead of utilizing these tools in purchasing a property, they believe they are restricted to using their own limited capital or traditional bank financing only to fund their deals. This is not a wrong way to purchase properties, however wouldn't you be thrilled if you could find a better alternative in bringing your deals to the closing table?

     Now you can spend your hard earned investment money in books, audio, or seminars on owner financing techniques, but wouldn't you rather spend that time and money in closing a transaction? Title2Land, LLC has been in business since 1998, closed over 50,000 property transactions, and is familiar with closing owner financing deals. Click this CO​NTACT US ​link and fill out the simple form. We will get back with you immediately, and set you up a free consultation with a firm comfortable with owner financing as a tool! Let us help take the ordeal out of your real estate deal!