Title insurance is a means of protecting yourself from financial loss in the event that problems develop regarding the rights to ownership of your property. There may be hidden title defects that even the most careful title search will not reveal. In addition to protection from financial loss, title insurance pays the cost of defending against any covered claim.
There are two types of title insurance. A Lender's Policy insures that your lender has a valid lien on the property. Most lenders require this type of insurance, and typically require the borrower to pay for it. An Owner's Policy, on the other hand, protects your interest in the property. Title troubles, such as improper estate proceedings or pending legal action, could put your equity at serious risk.
There are two types of title insurance. A Lender's Policy insures that your lender has a valid lien on the property. Most lenders require this type of insurance, and typically require the borrower to pay for it. An Owner's Policy, on the other hand, protects your interest in the property. Title troubles, such as improper estate proceedings or pending legal action, could put your equity at serious risk.
Services
The purchase, sale or refinance of a home can be one of the most stressful ordeals that a person can face. At Victory Title & Escrow, we strive to take much of the guesswork out of the settlement process. We have a long history of working closely with Realtors, Loan Offices, Mortgage Companies, Banks, Lending Institutions - and most especially our customers - to make closing an efficient and stress-free experience.
At Victory Title & Escrow, we offer residential and commercial customers a timely, professional real estate closing for property located in ALL counties for the states of Tennessee and Alabama. We believe the customer's convenience matters and by providing the time and place of your closing be determined by YOU the customer, and/or the Real Estate Professional whether you are refinancing or purchasing a home.
Completed Signed Real Estate Sales Contract to include all addendums, disclosures, counter offers and compensation agreement. Payoff Information for existing mortgages and liens to include Loan Number, Social Security Number and Phone Number. Power of Attorney - If a Power of Attorney is needed at closing, Victory Title & Escrow can assist you with the preparation and lender approval prior to closing.
I have worked with Gail Victory for over 15 years, long before she opened Victory Title. I have always been impressed with her knowledge of the title industry as well as real estate in general. The things I most appreciate about Gail, and Victory Title, is her total dependability and flexibility.
Whenever she says she'll take care of something, I have every confidence that it will be done, and that there will be no details overlooked that we have to deal with at the last minute.Believe me, I have thrown many spur of the moment challenges, re-schedules, and crises her way over the last several years, and she always adjusts to my needs.
Whenever she says she'll take care of something, I have every confidence that it will be done, and that there will be no details overlooked that we have to deal with at the last minute.Believe me, I have thrown many spur of the moment challenges, re-schedules, and crises her way over the last several years, and she always adjusts to my needs.
Reviews (5)
Tristea Bankston
Jan 27, 2019
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Victory is the best closing company I have used! They provide the best service to my clients and go above and beyond! They communicate on time and provide accurate details to make the process smooth and pleasant like it should be at closing! Victory will always professional and takes care of their clients!
Marnie Hendley
Dec 28, 2018
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Patty Latham
Oct 25, 2018
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Brandi McEwen
Sep 13, 2018
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Real Estate
Jun 27, 2018
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