· Closing Funds: We only accept Certified Checks or Bank Wires.

· No Outgoing Wires: To protect your money, we no longer wire out proceeds or payoffs.

· Earnest Money (EMD): Pay online via eCheck (credit card not accepted) through LawPay.

https://secure.lawpay.com/pages/evascorountree/trust 

· All funds must be received at or before scheduled closing.

Title insurance is a one-time paid policy that protects homeowners and lenders against financial losses from legal defects in a property's title (ownership history), such as undisclosed liens, forged documents, or unknown heirs. It covers risks that occurred before you purchased the property, focusing on preventing losses rather than future risk. 

Key Aspects of Title Insurance:

• Protection  Against Past Defects: It protects you from hidden problems, such as      fraud, missing owners, or unpaid taxes from previous owners.
• One-Time  Fee: Unlike homeowners insurance, there are no monthly premiums; it is      paid once at closing.
• Two      Types of Policies:
  • Lender’s       Policy: Required by lenders to protect their loan, decreasing in       value as the mortgage is paid.
  • Owner’s       Policy: Optional, but recommended, it protects the buyer's equity for       as long as they own the home.
• Covers      Legal Costs: If a title dispute arises, the insurance company covers      legal fees to defend your ownership. 

What it Covers (Common Examples):

• Liens:     Unpaid contractor debts (mechanic's liens) or property taxes.
• Fraud/Forgery:     Falsified documents, such as a fake signature on a deed.
• Unknown      Heirs: A previously unknown heir claiming ownership.
• Errors:     Mistakes in public records. 

Even on a new construction house, the land is old. Title insurance is a one time fee to protect your investment for life. 

There are approximately 12 types of real estate deeds used to transfer property ownership, with seven being the most common, including general warranty, special warranty, and quitclaim deeds. These documents are classified by the level of protection they offer the buyer (grantee) regarding the title's validity and freedom from liens.

A deed is a legal document that officially transfers property ownership (title) from a seller (grantor) to a buyer (grantee). It acts as the legal instrument conveying rights, confirming ownership, and providing a recorded, chronological chain of title to prevent fraud and define legal ownership. 

Key Purposes of a Deed

• Transfer      Ownership: A deed moves the ownership interest from one party to      another.
• Establish      Legal Title: It provides proof of who owns the property.
• Protect      Buyers: By recording the deed with a county official, it acts as      public notice that you have an ownership interest, protecting against      fraud and third-party claims.
• Establish      Chain of Ownership: It allows for tracking the history of property      owners.