Dotted Line Title Co

1725 Fairmount Ave, Philadelphia, PA 19130

(267) 707-6487

9am - 5pm CST


Frequently Asked Questions (FAQs)

What is title insurance, and why do I need it?

Title insurance protects your property investment by providing coverage against potential title defects, ensuring a clear and marketable title.

How does title insurance differ from other types of insurance?

While traditional insurance protects against future events, title insurance focuses on potential issues that may have occurred in the past, safeguarding your property rights.

What does the title search process involve?

The title search involves a comprehensive examination of public records to identify any existing liens, encumbrances, or title defects that could affect the property's ownership.

Why is a title search necessary?

A title search is crucial to uncover any potential issues that may affect the property's title, allowing them to be addressed before the closing process.

What is the closing process, and what does it entail?

The closing process is the final step in a real estate transaction where all necessary documents are signed, funds are disbursed, and ownership is officially transferred from the seller to the buyer.

How long does the closing process take?

The duration of the closing process can vary, but on average, it takes around 30 to 45 days from the acceptance of the purchase agreement to the closing date.

What services does Dotted Line Title Co. offer?

Dotted Line Title Co. offers a range of title insurance services, including Owner's Title Insurance, Lender's Title Insurance, title search and examination, escrow and closing services, and property information reports.

How much does title insurance cost?

The cost of title insurance can vary based on factors such as the property value and location. We provide personalized quotes based on your specific transaction details.

Is title insurance a one-time payment, or are there ongoing fees?

Title insurance is typically a one-time payment made during the closing process. Once paid, the policy remains in effect for as long as you or your heirs own the property.

What happens if a title issue arises after the closing?

If a covered title issue arises after closing, your title insurance policy provides protection, covering legal expenses and potential financial losses related to the issue.

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