Buying any kind of real estate could very well represent the largest single investment a person ever makes.

A policy of Title Insurance is a contract of indemnity between the insured and the insuring company relating to the title of the land described in the policy, protecting the insured against loss of damage by reason of defects, liens or encumbrances of the insured title existing at the date of the Policy and not expressly accepted from its coverage.

The Policy is issued after a complete search and examination of the public records that shows the condition of the record title, including any money obligations outstanding against the property, easements and other matters which may affect the rights of ownership, possession and use of the property.

• Discounts may be available for first time buyers and for others with special circumstances.  Always ask the title professional about potential discounts.
• Concurrent rates may be available if the insurer is providing both a homeowner's and a lender's title insurance policy in the same transaction.
• Discount rates may be available in bulk rates for new subdivisions.  Ask your title professional for specific information's.

You've decided to purchase a home and hope to take possession as soon as possible.  The terms have been agreed upon and all the financial arrangements have been made.  But there's one important detail remaining.  Before the transaction can close, a title search must be made.

The most accurate description of title is a bundle of rights in real property.  A title search is the process of determining from the public record just what these rights are and who owns them.  A title search is a means of determining that the person who is selling the property does have the right to sell it, and that the buyer is getting all the rights to the property (title) that he or she is paying for.

The search process can be undertaken by 1st Service Title & Closing Inc., throughout the  State of Wisconsin.    However the search is performed, in most real estate transactions today a title insurance policy is purchased to assure the buyer that he or she has purchased a valid title.  In those transactions where title insurance is involved, 1st Service Title & Closing Inc. must determine insurability of the title as part of the search process.  This leads to the issuance of a title policy, which insures the existence or non- existence of rights to the property.

1st Service Title & Closing Inc will  defend the title and will pay losses within the coverage of the policy if they occur.