A title company performs a thorough search of property records—deeds, mortgages, liens—to ensure the seller has clear ownership. We issue a title commitment and prepare an insurance policy for the buyer and lender to protect against undiscovered claims.
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Title insurance protects homeowners and lenders from financial losses due to past title defects—e.g., liens, fraud, or clerical errors. It covers legal defense or reimbursement up to the policy limit.
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Without it, hidden issues in title history could lead to major legal hassles and financial losses. Title insurance provides peace of mind and resolves issues before they cause trouble.
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Lender’s policy: Required by your mortgage lender—it protects their interest.
Owner’s policy: Optional but highly recommended—it protects your legacy and financial interest. You only need to pay one simultaneous rate for both.
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It lasts as long as you or your heirs own the property—no extra premiums or renewals required.
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A title search investigates public records for liens, judgments, easements, or ownership disputes. These findings are addressed and resolved before closing.
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Escrow is a neutral, secure holding service for funds and documents until all terms are fulfilled. Once conditions are met, we disburse funds and move forward with title transfer.
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The one-time premium is usually based on the purchase price and is regulated by Texas law. Extra coverage for the owner’s policy is available at a modest additional rate.
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Yes—Texas law gives you the right to choose your title company. Rates are fixed, but costs for services and convenience may vary.
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These are issues not covered by your policy (e.g., certain easements or zoning restrictions). We’ll provide a list, explain each one, and help you navigate them.
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At closing (also called settlement), all parties sign documents, we transfer funds safely and record the deed. Then you get the keys—plain and simple.
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You or your heirs can file a claim under your title policy.
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Yes—we provide full escrow services alongside title. We ensure secure handling of funds and documents from start to finish.
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Most transactions close within 30–45 days. Complex deals—like land development or 1031 exchanges—may take longer. We communicate timelines clearly from the start.
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We coordinate closely with your lender, agent, and any other parties to keep everyone informed—so your closing stays smooth and on schedule.
Acorn Title makes closings smooth, secure, and professional for every party at the table. Whether you’re managing a project, buying your first home, or handling a FSBO deal, we’re here to help.
