Residential Title Insurance Baltimore
MylesTitle: Safeguard Your Residential Investment and Secure Smooth Transactions
MylesTitle is recognized as a highly respectable Baltimore title agency providing expert title and settlement services for residential properties. If you are thinking of buying, selling or refinancing your single-family home, condominium, or land, turn to us for safe and smooth closing and increased protection of your ownership. Rest assured, whether the property is worth $50,000 or $50 million, we will search the title meticulously, resolve any issues, and clear it to safeguard your investment and your rights. Our mission is to protect homeowners and lenders against risks such as financial losses and damage in the future.
Myles Lichtenberg, Esq. and his team have been in business for almost 45 years, establishing effective partnerships with homebuyers, sellers, lenders, real estate brokers, banks, attorneys, and other professionals involved in real estate transactions. We specialize in title insurance for luxury residential properties and closing services. This includes searching the title, clearing it, and issuing the policy for your home purchase. Our team is comprised of experienced attorneys, realtors, agents and paraprofessionals, all working together to ensure successful agreements. For questions and inquiries, please reach out to us via our contact page or over the phone at 410-458-8975, and we will respond promptly.
Residential Title Services in Baltimore
When it comes to residential property selling or purchases, MylesTitle is the ultimate single destination for all your title insurance requirements. With decades of experience, relevant knowledge, and notable affiliations, we are your #1 choice for high-stakes residential property transactions. Our all-encompassing residential title insurance services include:
Single Family & Condo Purchase
MylesTitle expert team provides meticulous title insurance and closing services – title search, title clearance and title policy issuance for single-family and condo purchases. Purchasing or selling a home can be very stressful, which is why we are dedicated to making this process simple and easy for the clients. Realtors, home buyers, mortgage brokers and other industry-related individuals we work with will spare you the trouble of juggling between several companies. Furthermore, we have smoothly and effectively closed tens of thousands of agreements over the years. If you are purchasing a single-family house in Baltimore and want the best title insurance team on your side, give us a call and find out how we can help you protect your most valuable investment.
Land
If you plan on investing in a custom-built house, you will need to purchase title insurance for the land as well. Title search and insurance have to be conducted for the land you plan to build on. Any defects in the chain of titles have to be resolved and cleared to avoid issues before they unexpectedly manifest one day. We work with both developers and homeowners for maximum flexibility. In addition, we have ample experience in all types of construction loans.
Refinance
Most lenders (bankers and mortgage brokers) will require a title policy prior to settling the agreement on your residential property, as they want to ensure their loan is protected in the same way the original lender did. Our team can also help you with accurate and timely title insurance services for successful refinancing of a home. You can be confident that the refinancing will be handled with the utmost care and precision.
Understanding Residential Property Title Coverage
Residential title policy has comprehensive coverage against a large number of issues that could potentially present serious risks one day. Some of the issues covered by this policy involve the following:
- Undiscovered wills and encumbrances
- Disputed ownership and boundaries
- Clerical and public errors
- Faulty or forged documents (wills, deeds, trusts, affidavits)
- Unpaid mortgages, judgments or tax liens
- Unknown easements and liens
- Undisclosed heirs with claims against property
What Is Title Insurance?
A title insurance policy protects ownership rights of buyers, sellers, and lenders from financial losses occurring after the settlement. This type of policy covers title problems from the past and shields you against potential ownership issues that may appear after you have bought or refinanced the property. Some of the typical title defects include outstanding taxes, paperwork forgery/fraud, unknown heirs, unknown liens and similar.
How Important Is It to Have Title Insurance?
Purchasing residential real estate represents one of the most expensive and risky deals you will probably take on. That is why it is of utmost importance to properly prepare for the negotiations and the closing phase. You want to avoid costly mistakes that can occur in the future, especially if you are involved in purchasing high-stake real estate. This is where title agencies such as MylesTitle come in. We will ensure clean title and issue an insurance policy to alleviate future ownership rights risks.
Why Choose MylesTitle Residential Title Services
MylesTitle is a team of dedicated and skilled professionals providing exceptional title and settlement services. We work tirelessly and meticulously to maintain our continued success and a leading position among other title agencies in Baltimore.
- Highly personalized, boutique-style service
- Industry presence since 1979
- Customer-focus approach
- $16B+ in transactions
- More than 27,000 closings
- Local Baltimore rules & regulations expertise
- Title Insurance Producer Independent Contractor (TIPIC)
“Myles and his staff are “hands on” and “always on”–always available. They treat each transaction as if it is the most important one. As an attorney who regularly refers commercial real estate title work to MylesTitle, getting top-notice service from Myles and his staff makes ME look good to my clients. Myles and his staff are a pleasure to work with.”
Call Us For Smooth & Accurate Residential Title Services In Baltimore Area
Investing in real estate always comes with a certain set of risks, which is why you should do everything you can to protect your valuable investment. Title insurance represents a smart solution for anyone looking to purchase, sell or refinance residential real estate. Avoid financial losses and hire MylesTitle – an independent agency with a strong reputation, perfect track record and the highest level of service. Whether you are a seller, a buyer, or a lender, we can help you. By utilizing our competence and abundant resources, we will provide you with a smooth and simple settlement of family homes, land acquisition, or refinancing in Baltimore, Maryland. For more information, give us a call at 410-458-8975 or fill out the form.
Frequently Asked Questions
Why Is Clean Title Important?
A clean title is essential, as ownership rights need thorough analysis and investigation. Ownership cannot be traceable by merely looking at who lives at that location. A clear title means that the ownership recordation has been filed with an official government body, and there will be no doubts about who the owner is or who can claim the right to ownership in the future.
What Are The Advantages Of Hiring An Independent Contractor (TIPIC)?
A TIPIC (Title Insurance Producer Independent Contractor) is an additional tool that can be used towards more comprehensive coverage. It gives you a wider range of insurance options for highly customizable coverage designed according to your specific needs. Some of the benefits of using a TIPIC are:
- Access to major underwriters
- Increased flexibility & autonomy
- Nationwide presence
- Potential to shop unique risk liabilities
- Value-added insurance policies & endorsements
How Is The Owner’s Title Insurance Different From The Lender’s Title Insurance?
In Baltimore, there are two major types of title insurance: owner’s and lender’s. The main purpose of the owner’s title insurance is to protect the future homeowner against claims to the title that existed before the residence has been purchased. Similarly, a lender’s title insurance serves to protect the investment they have made.