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Obtaining Title Insurance in Orange City, FL

Ability Title provides title insurance in Orange City, FL. As a full-service title company, our services include title search, title insurance, and deed transfer. For more than a decade, we have been serving property buyers, sellers, and lenders in DeBary, DeLand, Deltona, and communities throughout Volusia County, FL.

There are three steps to ensure a successful closing:

  1. Title Search
  2. Title Insurance
  3. Deed Transfer

Title Search

A title company provides a valuable service by helping to ensure the property you acquire has a clean title without any defects. Without a thorough title search, there is no way for a property buyer to know if they are buying the property from the legal owner. There may also be other claims, assessments, liens, and other encumbrances that could affect the property value and your liability when you transfer a deed without a complete title search.

Title Insurance

We perform a complete and thorough title search that will verify legal ownership and discover whether there are any other claims against the deed.  After we complete the title search, we will issue title insurance. The purpose of title insurance is to protect the buyer or lender from financial loss if any defects in the title were missed during the title search. Your lender will usually require title insurance as a condition of providing a mortgage or refinancing.

Deed Transfer

The title company plays an instrumental role leading up to and on the day of closing. They receive the paperwork from the buyer, seller, and any lenders that are involved in the transaction. They also prepare the closing documents and ensure that funds are available. On the day of closing, the title company will obtain the necessary signatures from the buyer and seller, distribute the funds to the appropriate parties and facilitate the deed transfer, the final step in the closing process.

 

Visit our website or contact us at (386) 734-5766 today to obtain title insurance for the property you are buying in Orange City, FL!