Role of A Title Company

Now that you've decided to buy a home, what happens between now and the time you legally own it? The next step is to obtain title for the property from the title company. A title gives the owner the right to possess and use the property. But before receiving title, the title company will need to complete the following:

Earnest money: To show the seller and his agent you are a serious buyer, you will be asked to give the title company a deposit called earnest money. If the sale goes through, the earnest money is applied toward the down payment. If the sale falls through, the earnest money will not be given back unless it is stated in the offer to purchase that it is refundable.

Title search: A title search is a thorough check of the records concerning the property. It is performed to verify the seller's right to change ownership. A title search will uncover any demands, faults, liens and other privileges or restrictions on the property.

Document preparation: Appropriate forms are prepared for settlement.

Settlement: Many events happen during settlement. The seller signs the deed, the buyer signs the new mortgage, the old loan is paid off and the new loan is established. The seller, real estate professionals, attorneys, surveyors and others performing services for the parties are paid. Title insurance policies are then delivered to the buyer and their lender.

HAPPY CLIENTS!

“You were just amazing!  What a team!”
C. & Leona P. Oxnard, CA
– 5 home sales
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"You really do things right every time!"
Mary Jane S. Camarillo, CA
-- 3 home sales
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“You're wonderful, Elenita!"
Henry & Luz M. Oxnard, CA
-- 1 land sale
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"You were professional yet
understanding. Your knowledge
and expertise aided us In making sound
decisions. Thank you and your staff
for all you did for us."
Emily R.  Oxnard, CA
Santa Paula, California
-- 1 trust/probate sale
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More Happy Clients!
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"I will definitely refer people
to you!  You were great!" 
Kevin M., T. Oaks
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"Your service is superb!
You are really a "Dream Team"
so easy to work with."   
Edward B., Camarillo
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Tammy M., Simi Valley
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you." Jean M., Newbury Park
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We Work Behind the Scenes
Banks, Attorneys, Probate,
Trusts, Investors, CPA's
Both MLS & Non-MLS 
Fixers to Great Houses
Plus Tenant Issues &
LUXURY HOMES

Michelle McDaniel
Transaction Coordinator
michelledtcsolutions@gmail.com

Joshua Schneider
Home Staging & Projects
805-380-3738
Joshua@Elenita.com