Services


Title Insurance

Title insurance is used by homebuyers and lenders for protection against delinquent taxes, undisclosed liens, legal judgments, forgeries, fraud and a host of other potential legal or financial problems that can arise when purchasing or refinancing property. 

A title insurance policy provides you with peace of mind. It takes the risk out of acquiring property that may have a troubled legal history. While there should be no risks in transferring property, they do exist.

Before you purchased your home, it may have gone through several ownership changes, and the land on which it stands went through many more. There may be a weak link at any point in that chain that could emerge to cause trouble. For example, someone along the way may have forged a signature in transferring title, or there may be unpaid real estate taxes or other liens. Title insurance covers the insured party for any claims and legal fees that arise out of such problems. 


Escrow Services

The term "escrow" means any agreement between two or more parties wherein the delivery of instruments, monies, items of value, or evidence of title to real or personal property are deposited with a neutral third party. This agreement contains specific written instructions executed by all parties to the transaction. This neutral third party is referred to as the “escrow agent”. 

     The escrow agent:

  •     Receives a complete and fully executed Purchase and Sale Agreement and/or Lender's Instructions
  •     Orders and delivers a commitment for title insurance to the parties of the transaction
  •     Orders all necessary payoff statements to pay in full the existing loans, or monies owed, by the current owners and demands to clear the title
  •     Prepares and/or secures all necessary documents to transfer title
  •     Prepares the estimated and final closing statements
  •     Obtains all necessary signatures, funds, and documents to close the transaction
  •     Records and delivers all necessary documents and disburses the funds according to the parties and/or lenders instructions

Real estate transactions, whether they are loan or sale transactions, are commonly closed by title companies through their escrow departments.


Long Term Escrow Collection

A long term escrow is an arrangement in which an unbiased third party holds legal documents, and accepts and distributes payments according to written instructions from the buyer and seller.

All Long Term Escrow Servicing is handled in our Missoula office. Contact your local office or call 406.728.7900 for more information.


1031 Exchange(s)

The 1031 Exchange is quite possibly the most powerful investment tool available to property owners. By selling appreciated business or investment property outright you could pay from 15% to 50% in tax on the sale. A 1031 Exchange allows you to defer the tax and increase your purchasing power by keeping your equity intact. 

Our affiliated company, Title Financial Exchange Services (TFES), serves as a qualified intermediary and facilitates the entire process for you. TFES assists in meeting the requirements of Section 1031 to structure an exchange tailored to your specific situation. The extensive experience, financial security and personalized service provided by TFES will provide a seamless 1031 exchange transaction.

Contact your local office or Title Financial Exchange Services to find out more about 1031 Exchanges.


Canaan Subscription

Through a partnership with Canaan Title Solutions we can offer our customers access to recorded documents in the counties we currently serve.
 
Canaan Online is a desktop application for accessing title plant data and images using the Internet as a network.  This can dramatically reduce the time and cost of doing business while improving customer service to your customers. Canaan Online gives you the capability to search and view land records through a secure, e-commerce capable web service. In addition to title order searching, it is commonly used by the oil and gas industry, genealogists and other parties interested in land records.
 
Title Financial Corporation currently offers two types of Canaan Online subscription plans either charging “per click” or a monthly subscription.
 
If you would like additional information about Canaan Online contact Chris Bowman at cbowman@titlefc.com.
 

Send a message