RESIDENTIAL TITLE SERVICES - MARYLAND TITLE COMPANY & DC
Experienced Maryland title company providing residential title services throughout Maryland and DC. Real estate attorney, settlements; Baltimore, Towson, Cockeysville, Hunt Valley, Lutherville, Timonium, Washington DC and the surrounding areas.
WHAT WE DO
The purchase of a new home is often the biggest investment a consumer will make. You need a title company to properly search and examine the title to your new property, conduct the settlement and transfer the property to you.
Take the time to get to know the reputation of the company and the expertise of the personnel who will actually handle your settlement. Mid‑Atlantic Title, LLC provides this professional service and accurate processing at competitive prices. Please see brief biographies of our personnel in the “Staff” tab. We are confident that there is no better choice than Mid‑Atlantic Title, LLC to handle your settlement.
If you desire additional information on Mid‑Atlantic Title, LLC or would like a quote of our fees, please feel free to contact us at any time. You can also request a quote on this site under the "Quotes" tab.
WHY USE US?
Mid‑Atlantic Title remains one of the leading title companies in the area and owes its continued success to providing superior service to our customers at reasonable rates. At Mid-Atlantic Title, we want to make a lasting impression on you and your client. We understand the time and effort you have invested in your relationship with your client and a smooth settlement is not only a good reflection on both of us, but encourages repeat business and referrals. We have the experience and personnel to anticipate problems and handle them in advance to ensure a hassle-free, professional closing.We have several attorneys on staff and in the office to provide all of the legal support for our title company. Someone is always available to answer any questions you may have to assist you in any type of transaction. Our legal department is also available to assist you in ancillary matters regarding your real estate transaction, including business entity formation, and other related documents.
WHAT IS TITLE INSURANCE?
WHY YOU SHOULD PURCHASE TITLE INSURANCE?
Just as you purchase homeowner's insurance to protect your home against fire or other catastrophe, you should also purchase an "Owner's Title Insurance Policy" to protect your investment against defects in the title to your property.
Your lender will require that you purchase a "Lender's Title Insurance Policy" to protect the lender for the amount of your loan. Your lender knows that, even though title to your property has been searched by a qualified title examiner, hidden defects in the chain of title may still exist. These hidden defects may give someone a claim against your property. Title insurance protects against these claims.
The "'Lender's Title Insurance Policy" only provides protection to the lender. To protect your interest in the property, you need to obtain an "Owner's Title Insurance Policy" for the full value of the property.
The premium for an "Owner’s Title Insurance Policy" is a onetime fee collected at settlement, and your policy is valid for as long as you own your property. If you have a title claim while owning the property, your title insurance will (i) provide you with an attorney to defend your property interest in court, and (ii) settle and pay any claims against your property as a result.
Make sure your title insurance coverage is through a reputable company to be assured your claim will be paid. Mid‑Atlantic Title, LLC is issuing agent for two highly reputable title insurance companies: Chicago Title Insurance Company and Security Title Insurance Company of Baltimore.
WHAT DOES TITLE INSURANCE COVER?
Title Insurance covers against a variety hidden defects, the most common of which are as follows:
- A forged will or deed that does not transfer title to the buyer
- Deeds, wills and trusts that contain incorrect names
- Unpaid mortgages, judgments or tax liens
- Incorrect notary acknowledgements
- Documents executed under an expired or fabricated power of attorney
- A signature of a minor or mentally incompetent person
- Fraudulent misrepresentations
- Previously undisclosed heirs with claims against the property
- Invalid divorces
- False affidavits
- Sellers who misrepresent their marital status
- Clerical errors in the land records office of the courthouse
- Confusion arising from similarity of names
- Undiscovered wills
These and other examples of hidden defects can result in a claim being made against your property. Owner's Title Insurance protects you against these claims. Title claims can be costly and may prevent you from selling or refinancing your home. Make sure you protect your investment in your property with the purchase of an Owner's Title Insurance Policy.
WHAT DOES TITLE INSURANCE COST?