TITLE - Frequently Asked Questions

Q: What Does a Title Company do for me?
A: Protecting your property from any other claims of ownership or entitlements is of highest importance. Recording your title quickly and correctly after closing is the best way ensure issues that might affect your ownership rights. With Infinity's Title services, all owners and buyers are searched for types of claims that could potentially affect or attach to the subject property. We also search the property history and verify the ownership and lien history, and search for encroachments onto your property that could affect your rights. All transactions require title work to be completed before closing, even in cash transactions.

Title Insurance
There are two kinds of title insurance: Lender's Title Policy and Owner's Title Policy.

Lender's title policy: Required by all mortgage lenders on the subject property to protect their interest in your property against adverse claims, you will be required to buy lender's title policy. This policy protects your lender and is the majority of the cost of title insurance.

Owner’s Title Policy: Optional, but highly recommended on all transactions, this low-cost policy is typically issued simultaneously at closing along with the lender's policy, and is included in your fees. This policy protects you against adverse claims, legal and court costs, and related expenses. While you own the property, you need to buy an owners policy only once on the home, even if you refinance later.

These policies do not pay off your mortgage, but defend and quickly resolve any title issues, protecting your equity and interest in your property.

Closing
Your closing agent works for you, ensuring that all documents are gathered, prepared correctly, and executed without error, and finally, recorded promptly for you.

Your identity is verified at closing, and each party (buyers and sellers) are represented by a title closer to explain the documents being signed, answer questions, and ensure the transaction is closed per the lender and legal requirements set forth.

The title company then sends the mortgage company the executed mortgage documents, collects and disburses all funds, and promptly records the documents with the county.

Your Infinity team will be available for questions even after the sale, to ensure your transaction goes smoothly and seamlessly.