The home-buying process can be complex, but having a trustworthy title company on your side can make all the difference. As a first-time home buyer, the closing process may come as a surprise with its level of detail. However, with the help of professionals like Crest Title Company in Birmingham, AL, you can navigate regulations and ensure a successful transaction. 

Title Company in Birmingham

Crest Title Company is known for quality work and commitment to protecting clients’ legal and financial interests. Whether you’re buying, selling, refinancing, or dealing with commercial real estate, Crest Title Company is ready to assist you as your Birmingham, Alabama title company.

How To Choose A Title Company In Birmingham

Finding a knowledgeable realtor in Birmingham, AL is key to getting started. A quality realtor will be familiar with the area and have important connections to help you assemble your home-buying team, including a reputable title company, home inspector, and closing attorney. Realtors and real estate agents have an in-depth understanding of the local housing market and real estate industry, so utilize their connections to your advantage when choosing a real estate title company in Birmingham. 

Things To Consider 

Here are a few tips to help you make the right choice:

1. Do research: Look for reviews and ratings of title companies in your area.
2. Check their credentials: Make sure the company is licensed and insured.
3. Ask for recommendations: Talk to your realtor or trusted friends and family for recommendations.
4. Communication: Choose a title company with clear and prompt communication.
5. Cost: Consider the cost and fees involved, but don’t compromise quality for a cheaper option.
6. Experience: Choose a company with a proven track record and experience in the real estate industry.
7. Reputation: Check the company’s reputation for delivering reliable and efficient services.

By considering these factors, you can ensure that you select a title company that can handle your transaction efficiently and effectively.

Our Process At Crest Title Company

Navigating the complex world of real estate can be confusing, with many different parties involved. To clarify, title companies play a crucial role in the process. Crest Title Company in Birmingham, Alabama, for instance, performs title searches, offers title insurance policies, and manages transaction funds through escrow accounts. In other words, they ensure the legitimacy of property ownership and handle financial transactions securely. Understanding the role of title companies is key to a successful real estate experience.

At Crest Title Company, we thoroughly examine government records to determine the legitimacy of property ownership. Our goal is to ensure that there are no hidden issues or surprises in the property’s history that could potentially cause problems. This title search process helps uncover potential issues such as:

• Unpaid liens 
• Easement issues 
• Any limitations on future development
• Contested property ownership claims

It’s essential for you to be aware of any potential issues before completing the property ownership transfer. This information can be revealed through a thorough title search.

At Crest Title Company, we arrange for a property survey to confirm the accuracy of its boundaries and condition. This helps prevent any potential boundary disputes or hidden condition issues. After the title search and survey, we provide title insurance to both the mortgage borrower and the lender. The borrower’s title insurance policy protects them financially and legally in case of any legal status issues with the property, while the lender’s title insurance protects their stake in the property for the duration of the loan repayment period. With title insurance in place, both parties can feel confident and secure in their investment.

Our Responsibility And Promise To You

For many individuals, purchasing or selling a home is one of the biggest financial moves they will make in their lifetime. At Crest Title Company in Birmingham, AL, we understand the significance of this decision and are here to support you throughout the process. Whether you’re buying a home, selling a property, refinancing, or seeking commercial real estate, our team of experts is equipped with the guidance and knowledge to assist you. Let us be your trusted title company in Birmingham, AL.

How Title Companies Are Involved In Selling Your Home

If you’re looking to sell your home in the Birmingham, AL area, Crest Title Company can make the process manageable for you. However, before you dive into the transaction, take some time to prepare your home for sale. Start by checking for any needed repairs and making them, decluttering the space, and thoroughly cleaning the house to create a neat and tidy impression. When your property has found a buyer, they’ll initiate contact with the title company, and as the seller, there are certain expenses you should be aware of even though you have fewer responsibilities in the transaction.

While your closing costs will likely be reduced from the home sale proceeds, it’s still a good idea to anticipate them financially. These costs include: 

• Real Estate Fees
• Tax Transfers
• Home Warranty Fees
• Termite Bond Fees
• General “Seller Paid” Fees (as designated)
• HOA Dues 

This is just a brief overview. For a complete explanation, seek the advice of your closing representative.

How Title Companies Are Involved In Buying A Home

So, you’ve discovered your dream home in Birmingham, Alabama and are eager to purchase it. Let us assist you by providing the following services:

1. Determine and address any issues that may prevent you from taking ownership
2. Provide title insurance policies for you and your lender, and 
3. Handle closing, along with closing escrow accounts. 

We’re looking forward to serving you in the Birmingham, Alabama area. We’ll take care of the details to get you into your new home.

Title Insurance And Refinancing

If you’re not buying or selling a home in the Birmingham, Alabama area but instead considering refinancing, you may have a different question.

Q:

If I’m refinancing, do I need a new title insurance policy? 

A:

Well, yes and no. The title insurance policy for you as the homeowner will serve until you no longer own the home, so you won’t need a new policy for yourself. But, the lender’s policy only persists as long as they have their particular stake in the home. You’ll need another lender’s policy if you refinance with new terms or another institution.

How Long Does The Process Take

While it’s understandable to want to move into your new home quickly, it’s crucial to thoroughly research every aspect of the home-buying process. The age of the house will significantly impact the duration of the title search. The longer the ownership history, the more records to review. On average, the entire title search should not take more than two weeks.

Crest Title Company in Birmingham

Give us a call, send us an email, or fill out the form below. Our team of experts is ready to assist you with all your real estate title needs. We understand that the process can be overwhelming, which is why we’re here to help. Reach out to us today, and let us guide you through every step. Don’t hesitate to contact us, we’re waiting to hear from you!