Title Insurance

Title insurance is an insurance policy covering the insured party (owner and/or lender) against many types of property loss caused by liens, judgments, undisclosed heirs, document forgery, boundary disputes and easements up to the coverage amount of the policy coverage. The title company reviews all recorded documents related to the property and ensures requirements, related to the ownership of the property, are cleared. Based on the completion of the research and requirements, the insurance company agrees to guarantee clear title to the subject property and provide a title insurance policy.

For lenders, a mortgagee title insurance policy protects the lender from a loss incurred, up to the loan amount, in financing a piece of real estate resulting from an invalid or inferior lien position. A mortgagee title insurance policy allows the lender to originate real estate loans without needing a real estate attorney to review each loan. For the homeowner, an owner’s title insurance policy protects the owner from a loss, up to the policy limit, resulting from a future claim against their ownership of the property.

There are several ways to use Preserve Title Company.

• When selling property through a real estate agent, instruct the agent to use Preserve Title Company as your closing agent.
• When selling a property on your own, include Preserve Title Company as the closing agent on your contract.
• When purchasing property, the seller normally chooses the title company to use, but it is still an item you can negotiate with the seller. Inform the seller and real estate agent of Preserve Title Company’s fees and settlement services.
• When refinancing your property, instruct your mortgage lender to use Preserve Title Company and ask them to fax their closing instructions to us.
• When building a home, instruct your builder and lender, if applicable, to use Preserve Title Company as your closing agent.

For more information, visit preservetitle.com or contact us by calling 210-945-3370 or email us at info@preservetitle.com.

When you use Preserve Title Company for your closing transaction, you can save both time and money. We offer:

• Fast turnaround times for San Antonio, Dallas, Houston, West Texas, Coastal and Austin Central regions.
• A low settlement/escrow fee, which does not vary based on loan amount or type.
• No fee for delivery/courier service.
• No fee for photocopies of legal documents or deed restrictions.
• No courtesy closing charge when your transaction is closed at any RBFCU branch.

Mortgagee Title Insurance is taken in the loan amount and protects the lender’s lien. It is important to note the policy is specific to each loan. If you refinance, pay off or obtain a new loan, a new policy is required. An Owner's Title Insurance policy is purchased at the time a property is purchased and protects you, the buyer. This insurance policy remains in effect until you sell the property.