If you have been on a house hunt around Houston and nearby areas, you've most likely heard your agent or perhaps other folks mention Infinity Title. Many homeowners and men and women in the real estate industry may currently be familiar with the name. However, first-time homebuyers and newbies might have an interest in the knowledge that Infinity Title is among the biggest Title Insurance Companies currently operating in Houston, Texas.
The company has been handling real estate closing transactions as well as title insurance policies since 2007. Being around for in excess of a decade, Infinity Title has eased thousands of lenders, sellers, and homebuyers through the closing process. In turn, the company has acquired unique and valuable perceptive of the market that only experience and time is able to impart. As the business gets bigger, and so does its client base. In 2017 alone, Infinity Title attended to close to a thousand closing transactions.
But what is title insurance and precisely why is it important, you ask? Let us break down the points.
To begin with, a title company validates the legitimacy of a real estate title. They are required players in ensuring and preserving the rightful ownership of the customer as he or she acquires a property. To make positive that the name is legitimate, the company does a complete search and examination of documents and records so as to find out that no other party stake a claim on the property for sale.
The title insurance also functions to this end. The title search, no matter how complete, is not a hundred % faultless. A title insurance policy safeguards the interests of both buyer as well as lender in the unfortunate occasion that any dispute over the ownership of the property arises down the road. These disputes rarely occur, but when they do, the legal fees and economic repercussions are huge burdens. It won't hurt to be ready.
There are 2 kinds of title insurance policies. The lender's and the buyer's insurance. Some lenders may only require one - the lender's coverage, but we recommend you buy both. As stated, a little foresight goes a very long way. If sometime in the future, someone says to be the rightful owner of your home and it's proved that the distinction is indeed wrong, the title company will be compelled to pay you out and the lender the amounts you invested and also lent for the home respectively.
Infinity Title Company Houston is dedicated to producing quality customer service through every phase of the closing as well as insurance procedure. With this regard, it's its own in-house attorney in the person of the founder and company owner himself, J Paul Caver. Probably it's fitting to mention that Paul Caver graduated cum laude from the Southern Methodist University Dedman School of Law and is actually Board Certified by the Texas Board of Legal Specialization in Residential, Commercial, and Farm and Ranch Real Estate Law. Infinity Title With that said, he and his company are actually more than skilled at carrying out closing transactions and keeping them on track.
For more questions and info about the company, you can visit their place of business or email them at InfoInfinityTitleCo.com.