Knoxville Title Services
Crossland Title Tennessee

Knoxville Title Services

Knoxville Title Services

Frequently Asked Questions

Crossland Title Company Inc. is a full service, fully integrated title company. We offer a wide range of title, escrow, and closing services for residential and commercial real estate transactions. All throughout the State of Tennessee.

What is Title Insurance

Title insurance is a form of indemnity insurance. This insures against financial loss from defects in title to real property. Also, from the invalidity or unenforceability of mortgage loans. There are two types of title policies: Owners and Lenders. Lenders require fire insurance. Also, other types of insurance coverage to protect their investment. Nearly all institutional lenders require title insurance (lender’s policy). This is to protect their interest in the collateral of loans secured by real estate. Some mortgage lenders, especially non-institutional lenders, may not require title insurance. Buyers purchasing properties for cash or with a mortgage lender often want title insurance to protect their interest as well. A loan policy provides no coverage or benefits for the buyer/owner. Your decision to purchase an owner’s policy is independent of the lender’s requirement of a loan policy.

What Will My Closing Cost Be?

Closing costs are best determined by your settlement agent or attorney.  They can give you an estimate as to the actual closing cost.  A lender gives the loan estimate.  These costs may be a reasonable estimate. They may vary depending on the costs of the service providers in your transaction.

What is a Title Defect?

It is any one of a number of things that could jeopardize your interest.  It could be an unsatisfied mortgage, lien, judgment or other recorded claim against the property.  A defect could also take the form of a claim by a third party. A party such as an unknown heir or prior owner whose title transfers by forgery or fraud.

Crossland Title, Inc

Crossland Title, Inc. is fully committed to providing quality products and services to our communities. With more than 32 years of experience in the real estate and title agency business. Owners Pam Rice and Beth Crox have built their reputations upon the virtues of personal service and integrityThey believe that reputation as an honest and reliable business is the recipe for success. They have a knowledge base and support. The staff of Crossland Title, Inc. will guide each client through the many issues surrounding a real estate closing. Crossland Title Inc. seeks the opportunity to continually earn your business. Trust our service driven, customer sensitive approach to the title industry.