You will require title services whenever you engage in a transaction to buy real estate, including refinancing property you already own. "Title" is the word used to describe the history of ownership of a piece of real estate, and title services ensure that the ownership of the property is clear of liens, additional mortgages, and other claims against the property based upon outstanding debts or unpaid taxes. As part of our business, we also take care of obtaining payoffs for previous mortgages, helping to clear judgments, updating insurance policies and perform loan closings, to make the process as easy as possible for borrowers, lenders, and sellers.
1. You, as the consumer have the right to choose your title company. Lenders may offer to provide their affiliated company’s services to you and promise not to exceed the costs provided on their Good Faith Estimate of closing costs. Title fees are REGULATED by the State of New Jersey, so you will not pay any more for choosing the title company you feel comfortable with and who will handle your transaction professionally and get you to closing in a timely manner. When you receive your lender’s disclosures, be sure to provide our name and contact information and advise them that they should order title from e-Title Solutions.
2. When you receive our letter of introduction and information/authorization form, fill it out and return it either by fax, email or postal service, at your earliest convenience.
3. As soon as your lender advises that your loan is clear to close, we will contact you to make arrangements to schedule a convenient time and date with you and advise your lender.
4. Be sure to contact your Homeowner's Insurance Agent to amend your loss payee clause and fax to your new lender.