When you purchase a home in Maryland, you are investing for the future. Whether it’s a place for you and your family to live or a way to generate income for yourself, you must protect your investment. Purchasing title insurance is one of the best ways to accomplish that goal.
World Wide Land Transfer has been a premiere title insurance company since 2005, and during our time in business, we have helped countless homeowners in Maryland and all across America protect themselves from title defects that can cost them time and money. If you are interested in getting title insurance quotes in Baltimore, MD, or anywhere else in the Old Line State, get in touch with us to speak with a title insurance agent about your real estate transaction or to find out about title insurance rates in the Baltimore, MD area today. We also work with clients all across America, so call us if you are looking for a title insurance company in Florida or anywhere else.
As a homeowner, you could be responsible for resolving any title defects that show up during a real estate transaction. These defects may not always show up during a title search, which is why it is so important to work with a title insurance company that is dedicated to searching thoroughly for any potential issues. At World Wide Land Transfer, our team is known for our attention to detail, and we will always work hard to identify any potential defects. Here are some of the most common title defects we see:
If any of these defects come up after you purchase your home in Maryland, you will be responsible for resolving them. This could mean hiring a lawyer and spending time in court or paying off any outstanding debts. With an owner’s title insurance policy, you can protect yourself from these and other title defects. If you do run into any title defects, you will quickly find the title insurance cost was worth it.
Of course, homeowners aren’t the only ones who need title insurance; we work with lenders as well. If you are a lender in the Baltimore, MD area, we can help you find a lender’s title insurance policy and tell you more about the cost of title insurance so you can comply with state laws during a real estate transaction.
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World Wide Land Transfer can also assist you if you are looking for escrow companies in Maryland. Are you a landlord who needs rent escrow services? As one of the best escrow companies in the country, we can help you with setting up an escrow account or with any other escrow services you may need. You may require a rent escrow account in situations where a tenant is withholding rent and has refused to pay you directly. We can provide these services for landlords, and we also provide escrow services for real estate transactions.
During real estate transactions, money and documents will need to be held by a third party to ensure prompt payment and exchange at the correct time. This money and these documents are referred to as being held in escrow. Each party agrees to specific terms for their agreement. When the conditions of the contract are met, the money is released, documents are exchanged, and payments are made. You may be familiar with this process if you ever had to withhold rent from a landlord. In that case, the rent money is held by a third party and paid to the landlord whenever they make the necessary repairs to release it.
Although we are primarily known as a title insurance company in Maryland, World Wide Land Transfer also provides these types of third-party services to facilitate real estate transactions. Get in touch with us whether you are a buyer, seller, or real estate agent who needs money held by a third party during your next real estate transaction in Baltimore, MD, or anywhere else in the Old Line State.
When you are looking at title and escrow companies, you want to be sure you are getting a team of dedicated, detail-oriented professionals who will always go the extra mile to give you the best service at an affordable cost. With World Wide Land Transfer, you will get all that and more. Contact us with your questions about the cost of title insurance, to inquire about rent escrow and other escrow services, or if you need a title insurance agency in New York or anywhere in the country.
