At Scott Title Services in Shrewsbury, NJ, we treat all our clients as if they are our only client. Our title insurance services are strategically designed to minimize stress on all parties involved in the title insurance transaction. From property title searches to comprehensive settlement services, our experienced team will work with you every step of the way to make sure you are fully prepared for a smooth and successful closing.
Our Unique Approach to Title Insurance Services
The best way to start your future in your new home is to understand the past. We are distinguished by our expert knowledge of the title process, along with one of the most thorough research strategies in the industry. Our careful, in-depth research and close attention to detail set us apart from other title companies. Having handled over six thousand cases, we have built a reputation for minimizing stress for the buyer in the closing process. We work closely with all parties involved to ensure a successful closing, including real estate agents, brokers, lenders, and attorneys for both the buyer and seller.
Our comprehensive services we provide for our clients include title searches, settlement services, and real estate paralegal services. From our office in Shrewsbury, we provide our services for clients throughout New Jersey, including Monmouth, Ocean, and Middlesex Counties.
Property Title Searches
To avoid any last minute surprises in the closing process and guarantee that the buyer will become the sole owner of the property, a thorough, professional property title search is critical. We provide the highest quality property title searches for buyers of properties in all New Jersey counties. The depth of our research is unparalleled, spanning the gamut of residential, commercial, industrial, government, state, county, and municipal searches. We are experienced in dealing with any potential problems before they can create a serious issue by making sure all the correct information and documents are accounted for.
Settlement Services
Buying or selling a home is a complex and stressful process with many moving parts and issues that need to be resolved, documented and filed before the transaction can take place. We work with you to ensure the settlement process (also called the closing process) goes as smoothly as possible. Our experts will scrutinize every step and aspect of your transaction, from the investigation of the title to document preparation to the final closing, so that you can focus on the big picture. Our settlement services include deed and document preparation, scheduling the settlement, filing and recording, and more. We pay a high attention to detail to ensure the finest quality for our settlement services.
Real Estate Paralegal Services
We provide a full suite of real estate paralegal services for New Jersey attorneys, including research, document preparation, document retrieval, filing and recording.
What is Title Insurance and Why Do I Need It?
Once a property title search has been completed and ownership of the property has been verified, the homeowner will then be issued title insurance. This insurance protects both property owners and lenders from losing the property due to any title defects such as liens, lawsuits, unpaid taxes, fraud, or errors as well as covering the costs of defending against future, unforeseen claims on the property.
Buying a home is usually the single largest investment most people make in their lifetime. Protecting that investment from issues of ownership and other hidden title defects is a smart added layer of security for any buyer.
Learn more about title insurance in our blog post: What is Title Insurance?
How Much Does Title Insurance Cost?
In New Jersey, title insurance is regulated by the state’s Department of Banking & Insurance. This means no matter which title company you use, the title premium will be the same. The price of title insurance will change based on a variety of factors related to the property such as the price of the property or the expected cost of defects. Since the cost of title insurance in New Jersey is fixed, it is important to choose a title company based on how experienced their staff and meticulous their research process is.
Title insurance is a one-time premium fee and will protect the owner as long as they own the property, or longer in some cases. Title insurance is relatively inexpensive compared to how much it covers, so it is a wise investment for homebuyers.
Commonly Asked Questions About New Jersey Title Insurance
We get a lot of questions from our New Jersey clients about title insurance and the related services. Here are some common questions we are asked:
- What does title insurance protect you from?
- What is the difference between homeowners insurance and title insurance?
- How long does a title insurance policy last?
- Will I ever need to renew my title insurance policy?
- How long does it take a title company to clear a title?
- Do I need title insurance if I pay cash for a house?
- Is title insurance included in closing cost?
- How much is a title search for a house?
- Is a lien on a house bad?
- What is Not Covered By Title Insurance?
- Who Picks the Title Company, Buyer or Seller?
- Do I Need Owner’s Title Insurance for New Construction?
- What is the Difference Between a Deed and a Title?
- What is a Title Defect?
- Do I Need Title Insurance?
- Why Are There Two Types of Title Insurance in My Closing Costs?
