escrow

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Have you ever heard the word escrow? If you have heard the word escrow it has probably been in relation to a home or a home loan. If you are not familiar with what escrow is and what escrow is for, then you will want to check the dictionary for the meaning of escrow. According to one source, escrow is the holding of funds, documents, securities, or other property by an impartial third party for the other two participants in a business transaction. When the transaction is completed, the escrow agent releases the entrusted property.



available at swtitle-nv-si.com by clicking above.

You pay the premium for title insurance only once, and it protects you for as long as you and your heirs remain in ownership.

Your original premium amount is your only cost as long as you own the property and you will be protected against any unexpected claim covered by your policy.

Southwest Title Company has a loan service department to facilitate payments on transactions such as, but not limited to Notes secured by Deed of Trust, Notes secured by UCC Financing, Contract of Sale, AITD, Lease Options, Rental Agreements and HOA accounts payable and receivable.

Why do homeowners need title insurance? Because any home, no matter how new or apparently secure, is built on land that has, undoubtedly, had many owners.

Your title insurance policy is your shield of protection and will defend your ownership against loss.

Real estate is such a basic form of wealth that there are many special laws that protect ownership of land and the buildings that are built on it.

Whenever, you buy property, the owner who is selling it to you has rights, as do their family and heirs.

If a claim is made against your title as covered by your policy, we protect you by, defending your title, in court if necessary, at our expense or we will bear the cost of settling the claim, if it proves to be valid, in order to perfect your title and keep you in possession of the property.

Title Insurance protects you against past claims and title faults.

Southwest Title Company is appointed by the payee and payor to act as servicing agent for the receipt and disbursement of payments and the holding of original documents.

Title Insurance assures you that the home that you are purchasing is safely yours.

As your title company, Southwest Title will perform a title search and uncover any unpaid taxes, mortgages, judgments against current and previous owners, easements and other court actions or recorded documents which can affect the title of the property.

available at swtitle-nv-si.com by clicking above.

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8215 South Eastern Avenue
Las Vegas, NV 89123

Phone: 702/ 838.0300
Fax: 702/ 939.7596

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Southwest Title, a full service Title Insurance firm, offering escrow services on virtually all types of transactions, including commercial, business sales (bulk sales), refinance, standard resale, contracts of sale, and all-inclusive trust deeds.

 

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