Products and Services
The decision to purchase a home (or other real property) is probably the largest and most important financial decision you will make. You and your lender will want to make sure that title to the property is indeed yours and that no one will have liens, claims, or encumbrances on your property. Title insurance guarantees against losses from any defects in title that may exist in the public records at the time you purchase that property, and certain other risks described in the title insurance policy. Possible title defects include:
- Errors or omissions in deeds
- Mistakes in examining records
- Undisclosed heirs
- Missing heirs
- Liens for unpaid taxes
- Liens by contractors
Before issuing a title insurance policy, Clark Title searches for defects in your title by examining public records including deeds, mortgages, wills, divorce decrees, court judgments, tax records, liens, encumbrances, and plats. The title search determines who owns the property, what outstanding debts are against it, and the condition of the title.
We also handle property closings with guaranteed funds through a trust account, also known as an escrow account, until the purchase is complete.