Wilson Title Insurance & Escrow Services, LLC.
At Wilson Title our Mission is providing our customers with personalized, detailed, reliable service that will not be compromised. We will do whatever it takes to close even the toughest real estate transactions on time.
1726 N State Street
Greenfield, Indiana 46140
Call us today for all your Title needs
Phone: 317-462-8200 ext. 253
Fax: 317-477-2124
Insured Closings, Refinances, Deed Preparation, Title Searches, 1031 Tax-Deferred Property Exchanges, Single and Multi-Site Transactions, Residential and Commercial Closing Services, Multi-County & Multi-State Transactions, Survey Location Reports, Mobile Closing Services (Your Place or Ours)
What is Title Insurance?
Title insurance is the application of the principles of insurance to risks which are present in all real estate transactions.
What are some of those Risks?
They are divided into two main categories—hidden hazards which cannot be detected in the examination of the title and human errors which will always be with us.
What are examples of hidden hazards?
Forgery, incompetence of grantor or mortgagor, unknown heirs, fraud, impersonation, etc.
How is Title Insurance different from other kinds of Insurance?
It protects against future losses arising out of events that have happened in the past.
How do you figure the annual premiums?
There are no annual premiums.One premium, based on the amount of the sale or mortgage, is paid when the policy is issued and is good for the life of the policy.
What do you mean by the life of the policy?
A mortgagee policy stays in effect until the loan is paid off.An owner’s policy is good forever.Even if you sell your property, it continues to protect you and your heirs on your warranties.
Can's an Attorney issure that my title is good?
Every attorney knows that there are hazards in real estate titles which cannot possibly be discovered through even the most diligent search of the public records.For instance, the attorney cannot be sure that the marital rights of all previous owners have been properly relinquished; that all mortgages, judgments, etc., affecting the property have been properly indexed in the record room; that all signatures on all recorded documents are genuine; that there is no unknown heir of a former owner who can appear to assert a claim.These are but a few of the matters that crop up to defeat real estate titles.Among others are such things as fraud, duress, infancy, insanity, false personations, etc.
How does Title Insurance help protect my home investment?
It places assets of a corporation behind the title to your home.If attached, the title will be defended and the ALTA 98 has a deductible the customer would have to pay. And if the title, or any part of it, should be other than as insured, you will be reimbursed, up to the face amount of your policy, for any financial loss incurred.
