Buying a home? You need to be certain that the seller is the true owner of the property and that no outstanding issues damaging title carry over to you. Why? Because if there are problems with the title it can restrict the use of the property and ultimately result in financial loss. That's where Rainier Title & Escrow can help you. We conduct a comprehensive title search that will cover your investment with a title insurance policy to give you peace of mind that your ownership is free and clear of any issues. The cost is minimal and is only paid once by the seller. There are no renewal premiums, and on there is no expiration date on the policy. Yet the protection last as long as you, your heirs, maintain an interest in the property.
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Buyer Resource Guides help explain what can be expected throughout your transaction process.
What is Title?
The word title is a collective term for all your legal rights to own, use and dispose of land. Title includes all previous ownership, uses and transfers. In order to insure the transfer of real estate property, a title search must be performed. Title insurance protects against the possibility of future loss should your legal rights to your property be challenged.
What is Escrow?
Escrow is a system of document transfers in which a deed, bond or funds are delivered to a third person to hold until all conditions in the contract are fulfilled. In other words, Escrow provides one central place where all funds & documents may be deposited.
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