Aspen Real Estate Settlements focuses on first class service to exceed your every expectation.
Aspen Real Estate Settlements offers settlement services in Maryland, Virginia, Delaware and the District of Columbia, specializing in commercial and residential real estate transactions.
What is Title Insurance?
Title insurance for property owners, called an Owner’s Policy, is usually issued in the amount of the real estate purchase. It is purchased for a one-time fee at closing and is valid for as long as the owner or his heirs have an interest in the property. Only an Owner’s Policy fully protects the buyer should a covered title problem arise with the title that was not found during the title search. Possible hidden title problems can include:
Errors or omissions in deeds
Mistakes in examining records
Title insurance for mortgage lenders title insurance is called a Loan Policy. Most lenders require a Loan Policy when they issue a mortgage loan. The Loan Policy is usually based on the dollar amount of the loan and it protects the lender’s interests in the property should a problem with the title arise. It does not protect the buyer. The policy amount decreases each year and eventually disappears as the loan is paid off.
We offer a courteous, professional and extremely knowledgeable staff that is experienced in every aspect of the title business as well as the mortgage process. Our settlement agents have worked as loan officers and are extremely helpful at the settlement table.
We offer a complete range of settlement and support services, including:
Quick turnaround for Title Commitments
Property and Judgement Reports
Power of Attorney
Short-Sale Purchase Transactions
Mobile Settlements - Anytime, Anywhere
Aspen Real Estate Settlements will treat every case as our only one and give it the attention and care it deserves. We believe in the value of retaining a customer versus acquiring a new one.