Maven Home Closings, LLC

Where Every Closing is A New Beginning!

WHY CHOOSE US

MAVEN Home Closings stands out for its commitment to providing exceptional service, efficiency, and peace of mind throughout your real estate transaction. We prioritize personalized service, tailoring our approach to meet your unique needs. Whether you’re buying or selling, our goal is to make your closing seamless and stress-free.

Expertise You Can Trust

With decades of experience in real estate, mortgage, and title services, we understand the complexities of the closing process. Our knowledge ensures every detail is handled with precision and care.

Attention to Detail

From preparing documents to coordinating with lenders and agents, we handle every aspect of the closing process with meticulous care, ensuring no surprises at the finish line.

  • What is Title Insurance?

    Title insurance is a type of insurance policy that protects property owners and lenders against potential financial losses related to defects or issues with the title of a property. A title is the legal documentation that establishes ownership of a property, and it ensures that the seller has the right to transfer ownership to the buyer.

    Unlike other types of insurance that protect against future risks, title insurance safeguards against problems that occurred before the policyholder acquired the property. Examples include:

    • Unknown liens (e.g., unpaid taxes or debts).
    • Errors in public records or surveys.
    • Forged documents.
    • Missing heirs who may claim ownership.
    • Boundary disputes.

Types of Title Insurance Policies

Owner’s Policy: Protects the buyer and their heirs for as long as they own the property. It’s typically optional but highly recommended.

Lender’s Policy: Required by most mortgage lenders to protect their interest in the property until the loan is paid off.

Title insurance requires a single premium paid at closing, which covers the policyholder for the duration of their ownership (owner’s policy) or until the loan is repaid (lender’s policy).

By purchasing title insurance, property buyers can rest assured that their ownership rights are secure, and they are protected against unforeseen title issues that could arise after closing.

Maven Home Closings has you covered!