When you are making one of the biggest investments of your life, such as purchasing or selling a house or land, it is important to secure yourself from potential risks and ownership defects from the past. If you are a future homeowner, seller, investor, or lender in Pennsylvania, you should purchase a title insurance policy to protect your investment and alleviate risks such as inheriting existing debts, legal issues, or unresolved liens. MylesTitle provides a comprehensive suite of residential title insurance services in Pennsylvania. Our expert team meticulously conducts title searches, seamlessly manages closing, and promptly issues title insurance policies to safeguard your investment. We specialize in high net-worth real estate closings.
MylesTitle is recognized as one of the most reputable boutique title insurance agencies in PA. With close to 5 decades of presence in the industry, we have established ourselves as a credible and trustworthy partner for protecting your most important investments. By leveraging our ample knowledge and experience we have closed more than 27,000 sales with over $16 billion dollars in transactions. Our talented and well-versed team is led by real estate attorney Myles Lichtenberg, Esq.
Residential real estate property is used specifically for housing (land and buildings), unlike commercial real estate which is used for business. MylesTitle has been offering services to homeowners of all residential real estate types, whether they are worth $50,000 or $50 million, including single-family houses, condominiums and land (used for custom home building). Contact us at (410) 458-8975 or via our contact page to learn how we can help you create a safe homeownership experience.
We are Full-Service Residential Title Agency in Pennsylvania
When it comes to residential property selling or purchases, we’ve got you covered. MylesTitle is a convenient single source for all your title insurance needs. Our all-encompassing services include:
Single-family & Condominium Purchase
MylesTitle agents and attorneys conduct diligent title search, property title clearance and issuance of title policies. When it comes to residential title insurance, spanning over 40 years, we have served real estate brokers, agents, realtors, home buyers, mortgage brokers and anyone else involved in residential property transfers. By nurturing relationships with prominent businesses in the real estate industry nationwide we will save you the trouble of working with several different companies. Our business model is streamlined for your convenience and smooth operations. Our portfolio includes tens of thousands of successful closings and a loyal customer base.
Land
Another area of our expertise is assistance in conducting title search and insurance for land acquisition and home building. If you plan on building a custom home, we can help you resolve any potential defects with the title and provide an adequate insurance policy. We collaborate with numerous developers, home builders, and homeowners, offering flexibility and customization. We are also proficient in all types of construction loans. Rest assured, your investment will be optimally protected.
Refinancing
MylesTitle skilled team can also provide title search and title insurance policy when you are refinancing your residential property. In order for the refinancing to be efficient, we engage streamlined procedures thus providing you with peace of mind. By prompt and effective service, we will enable effective refinancing between you and bankers or mortgage brokers.
Who We Work With
Our company’s portfolio showcases fruitful and long-lasting business relationships with clients from various industries related to real estate. We work with:
- homebuyers
- sellers
- real estate agents and brokers
- banks
- borrowers, lenders, mortgage brokers
- builders and developers
- attorneys
Why MylesTitle Agency is Your Premier Choice for Residential Title Insurance
Among our clients and business affiliates, we are known for our extensive experience, with more than 27,000 closed settlements in both residential and commercial transactions in PA. Some of the reasons why we have so many repeat clients:
- Proven track record since 1979: With a rich heritage dating back to 1979, our seasoned experience translates to incomparable proficiency and reliability
- Client-centric excellence: Our commitment to prioritize clients’ needs guarantees a 100% customer-oriented approach
- Mastery of local title jurisprudence: Leveraging in-depth expertise in Pennsylvania title laws and regulations to navigate complex terrains for you.
- Collaboration with 7 major title underwriters
- Access to cutting-edge TIPIC System: Utilize unique Title Insurance Producer Independent Contractor system for enhanced efficiency and precision
- Swift and deadline-driven execution: Timeliness is our hallmark, as we diligently work to ensure prompt services that consistently meet your deadlines.
- Distinguished industry standing: Our excellent reputation, built on trust and quality service, resonates within the industry.
Serving Clients Throughout the State of Pennsylvania
MylesTitle proudly serves throughout the state, from Chester, Bucks, and Montgomery Counties to Delaware, Cumberland and Northampton Counties.
Contact us for Pennsylvania Residential Title Services and Settlements
Residential title services require broad legal knowledge and thorough and precise diligence. Since title insurance is required by law in Pennsylvania, choose professionals to do the job for you. Avoid jeopardizing your most valuable investment and turn to reputable MylesTitle attorneys with a proven track record of thousands of closings. If you want peace of mind and seamless settlements, go for the best in the field. Choose smart, choose MylesTitle. Call us at 410-458-8975 or fill out the form, and we’ll get back to you shortly.
Frequently Asked Questions
What is title insurance?
The title insurance policy is proof or evidence that you are a lawful owner of residential property. It proves that you are able to occupy that specific land or house, and more importantly, that you are free from debts you have not agreed to. Furthermore, you will also be able to sell the property freely, without risks. Title insurance protects all of these rights and safeguards your future as a homeowner.
What does title insurance cover?
Title insurance policy covers financial losses incurred by title defects such as liens, encumbrances and defects unknown at the time the policy was issued. It can also protect you from boundary or ownerships disputes, forged or undiscovered wills and deeds, or unpaid mortgages. Furthermore, title insurance can cover against things like previously undisclosed heirs, public record errors, false affidavits, and fraudulent misrepresentations.
How much does title insurance cost in PA?
Title insurance rates are set by PA Insurance Department and the Title Insurance Rating Bureau. While there is an all-inclusive rate, other charges can be made, depending on the specific terms of the transaction.
Where can I buy a title insurance policy in Pennsylvania?
Typically, a buyer is responsible for both the purchase of the policy and the title search. Hence, the buyer has the legitimate legal right to choose where the policy will be purchased.
Who is responsible for the purchase of the title insurance policy?
Generally speaking, you can negotiate who will be purchasing the policy, as each transaction is unique, and many factors determine the terms of the contract. Typically, a buyer pays the lender’s insurance, and the seller is responsible for the owner’s policy. Consult with the title insurance company or real estate attorney and review the terms of purchase.
What is the difference between the owner’s title insurance and lender’s title insurance?
There are two basic types of title insurance in Keystone State: lender’s and owner’s. Lender’s title insurance protects their investment, while owner’s policy protects the investment of the homebuyer.
Do I need to buy a new title policy when I refinance a home?
Refinancing a home means replacing an existing mortgage with a new one, potentially with a new lender. Hence, you will need a new title insurance policy (lender’s), as your original one will no longer apply. Your new lender will ask for a new title search and insurance policy to protect themselves against hidden title defects that may have occurred in the meantime, such as new liens. Additionally, if your property’s value has been considerably increased in the meantime, you will also want to update your owner’s title policy for the difference.
What is TIPIC and why do I need it?
A TIPIC is a licensed independent contractor providing services on behalf of Title Insurance Producers (TIP). These services include escrow, closing or settlement, which may result in the issuance of the title insurance policy. A major benefit for you, as a prospective buyer, or lender, is that a TIPIC attorney works with numerous underwriters and insurance producers, hence, you will have a broad selection of coverages to choose from. TIPIC is an extra resource that gives you independence, flexibility and allows you to shop for unique risk scenarios.