Title Insurance

Title Insurance is an insured statement of the condition of your "title" or ownership rights to a certain piece of property. A title insurance policy describes your property in detail and states what limitations, if any, there are to your ownership. (For example, you may take ownership subject to existing liens or encumbrances. Or you may not own mineral rights. Or easements may have been granted to utility companies or adjacent property owners.) Most importantly, a title insurance policy guarantees that the property you are purchasing is free of undisclosed liens, confusion in the rights of ownership and other clouds on the title. In short, it guarantees that you own the property for which you bargained.

Title insurance is used to protect both lenders and property owners from losses due to these defects. Protecting the interests of lenders and property owners is done in two parts. Loan Policies protect the lender's interest in a property, while an Owner's Policy is designed to protect the property owner.

Title Fees Calculator State-by-State

Account Representatives:  Pamela Balk, Susan Bray, Gene Carpenter, Faye Duncan, Katie Hummel, Leslie Lewis, Jan Luther, Caroline McGarity, Lisa Scott, Joyce White

  Aircraft Title Insurance

Aircraft Title Insurance is an insured statement of the condition of your "title" or ownership rights of an aircraft. The Federal Aviation Act requires the Federal Aviation Administration (FAA) to maintain a recording system for aircraft bills of sale, security agreements, mortgages, and other liens. The aircraft registry, located in Oklahoma City, processes applications and issues aircraft registration certificates. There are two policies available for insuring aircraft: Loan Policies protect the lender's interest and the Owner's Policy protects your interest.

Account Representative:  Leslie Lewis

  Vessel Title Insurance

Vessel Title Insurance is an insured statement of the condition of your "title" or ownership rights of a vessel. To be eligible for coverage, a vessel must be documented as a vessel of the United States with the United States Coast Guard. There are two policies available for insuring vessels: Loan Policies protect the lender's interest and the Owner's Policy protects your interest.

Account Representative:  Leslie Lewis

  UCC 9 Insurance

EAGLE 9^TM UCC Insurance provides Lender's "lien perfection and priority" insurance for commercial loans secured by personal property as defined by the Uniform Commercial Code.

Account Representatives:  Joy Fitzpatrick

  1031 Tax Deferred Exchange

1031 Tax Deferred Exchange is an approved method to sell investment properties and acquire one or more like-kind properties without paying any federal capital gains taxes. Most states also allow favorable capital gains tax treatment. When the exchange meets the criteria of the Internal Revenue Code Section 1031 and the regulations promulgated by the IRS, taxes are deferred until sometime in the future. For investments held by individuals, the deferral can continue through any number of exchanges until the tax liability is extinguished by death.

Account Representative:  Janice Houff

  Credit

First American’s Credit Information segment is a leading provider of credit and finance solutions to the mortgage, automotive, and consumer finance industries, and the nation's leading provider of subprime consumer credit information. These companies gather and package consumer credit information into products needed by a variety of businesses and consumers in decision-making and underwriting processes.

Account Representatives:  Katie Hummel, Leslie Lewis, Lisa Scott

  Flood

First American’s Flood Data Services offers products that fit origination’s need for speed and accuracy and servicing’s need for portfolio compliance and loss mitigation. Because of the comprehensive scope of our products, we can provide you with a customized flood compliance package that exactly fits your business requirements.

Account Representatives:  Katie Hummel, Leslie Lewis, Lisa Scott

  Appraisal

First American’s Appraisal Services offers a complete menu of residential appraisal and statistical evaluation products providing accurate appraisal information for first mortgages, home equity loans, foreclosures and tax assessments. By leveraging leading technology, we can provide mortgage lenders with property-related value assessments required to measure loan risk. The company's use of advanced technology, combined with centralized processing, simplifies ordering and speeds turnaround of appraisal information.

Account Representatives:  Katie Hummel, Leslie Lewis, Lisa Scott

  Nationwide Document Preparation

First American’s Document Preparation Services specializes in mortgage loan document preparation and electronic loan delivery services for the mortgage lending industry. We offer the best in customer service and technical support, the latest in technology solutions, and fast reliable electronic processing for lending institutions across the country. The varied services we offer can be tailored to suit your specific requirements and maximize your capacity to close and deliver residential mortgage loans.

Account Representatives:  Katie Hummel, Leslie Lewis, Lisa Scott