FAQs

A title transfer is the process of moving the ownership of a property from one person or entity to another. It involves the transfer of the property title and other relevant documents.

A lien is a legal claim on a property that is used to secure a debt. It can be placed on a property by a creditor or a government agency, and it must be satisfied before the property can be sold or transferred.

A property title is a legal document that proves ownership of a property. It contains the name of the owner, a description of the property and any other relevant information about the property's history.

Purchasing a home is unlike buying anything else because no other asset compares to land in terms of permanence and significance. While people may come and go, land remains, it’s fixed, enduring, and can hold countless rights and responsibilities. Unlike movable goods, land cannot be relocated, and over time, this unique nature led legal systems to treat it differently. As a result, a complex and distinct body of real estate law has developed, creating various types of land rights. These laws are so intricate that achieving absolute, mathematical certainty of ownership is nearly impossible. 

Title insurance is a one-time expense based on the value of your home. In most cases, it costs less than what you pay for auto insurance each year. You pay the premium just once at closing and it provides coverage for as long as you or your heirs own the property. 

 Absolutely. Cantera Title serves as the central coordinator for your real estate transaction gathering all required documents, ensuring compliance with the lender’s title instructions, and managing the secure transfer and distribution of funds. From start to finish, we’re here to guide you through every step of the closing process. 

A title defect refers to any issue in the ownership history or legal status of a property that could interfere with the owner's full rights to use and enjoy it. This could include problems that limit the owner's ability to use the property freely or even result in the loss of part or all of the property. 

To ensure a smooth closing process, please have the following items ready. We recommend confirming all required documents with your escrow officer ahead of time.

For Buyers:

• A copy of the signed purchase agreement
   
• A cashier’s check for the amount due at closing (or wire confirmation)
   
• Proof of homeowners insurance (fire, casualty, etc.)
   
• Valid photo ID (driver’s license, passport, or state-issued ID)
   

For Sellers:

• A copy of the signed purchase agreement
   
• Any unrecorded documents that affect the property title
   
• Proof that any paid-off liens, mortgages, or judgments have been satisfied
   
• Valid photo ID (driver’s license, passport, or state-issued ID)

The choice of escrow company is usually negotiated between the buyer and seller during the offer process and outlined in the purchase agreement. In some regions, it's customary for the buyer or seller to select the escrow provider, but both parties must agree on the final choice.

The length of the escrow period can vary, but it typically lasts between 30 to 45 days. Timing depends on factors like loan approval, property inspections, and how quickly required documents are completed by all parties. Your escrow officer will keep you updated every step of the way.

The length of the escrow period can vary, but it typically lasts between 30 to 45 days. Timing depends on factors like loan approval, property inspections, and how quickly required documents are completed by all parties. Your escrow officer will keep you updated every step of the way.