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 the 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.
Mid‑Atlantic Title remains one of the leading title companies in the area and owes its continued success in 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.
We provide settlement and title services to the entire Baltimore Metropolitan Region of Maryland and DC including Anne Arundel County, Baltimore City, Baltimore County, Carroll County, Cecil County, Frederick County, Harford County, Howard County, Montgomery County, and more.
Title insurance protects homebuyers and mortgage lenders from problems with an ownership title when buying real estate. These may be problems that existed long before the current purchase, such as:
Just as you purchase homeowner’s insurance to protect your home against fire or other catastrophes, 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.
For most of us, purchasing a home and property represents the largest single investment we will make.
Title insurance protects real estate purchasers, and/or lenders, from losses that arise after the settlement, but results from unknown liens, encumbrances, or other defects upon the title that existed prior to settlement.
Examples of title defects include things like unpaid mortgages, judgments, or tax liens not paid by a previous owner, fraud or forgery of a prior deed or transfer, or a spouse or unknown heir who steps forward to make a claim against the title, unknown easements, confusion arising from the similarity of names, and more.
Title Insurance covers against a variety of hidden defects, the most common of which are as follows:
~ A forged will or deed that does not transfer title to the buyer
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.