Title Insurance is an insurance policy--protecting against loss should the condition of title to land be other than as insured. When you buy a home, or any property for that matter, you expect to enjoy certain benefits from ownership. For example you expect to be able to occupy and use the property as you wish, to be free from debts or obligations not created or agreed to by you, and to be able to freely sell or pledge as security for a loan. Title insurance is designed to cover these rights you bargain for.
A title search is an examination of the ownership of a tract of land. The search is made to determine property ownership and locate information that affects a property's title. The results are compiled into a report. The professionals at Sargent's Title can efficiently provide these services.
Real Estate Closings/Escrow Services
A closing is a process by which all the parties to a real estate transaction conclude the details of a sale or mortgage. The process includes the signing and transfer of documents and distribution of funds. Sargent's professional staff is here to assist you with these needs, answer any questions, and expedite the process in a friendly and professional manner.
The Internal Revenue Code states that no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like-kind which is to be held either for productive use in a trade or business or for investment. Investors can use these transactions as a way to defer tax that would otherwise be due on a sale. Sargent's is qualified for Section 1031 Exchanges, providing escrow services for owners of business or investment services.
A for-sale-by-owner occurs in the real estate market when a homeowner wishes to avoid paying a commission when selling their property. By not using a real estate agent, the seller assumes all the responsibilities of completing the transaction. Sargent's experienced staff can assist you in preparing for a for-sale-by-owner closing, answer any questions and assist you with the closing details.