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FAQs

Q: What is a title search?
A: A title search is a thorough examination of the public records to determine the legal ownership of a property and to uncover any potential issues that could affect the ownership. It is necessary for a title company to conduct a title search before they can issue title insurance.

Q: What is title insurance?
A: Title insurance is a form of indemnity insurance that protects the holder against loss arising from defects in the title to a property. Title insurance is required for most real estate transactions and is provided by Omega Title and Escrow Services, LLC.

Q: What happens at a closing?
A: A closing is the final step in a real estate transaction and is when the buyer and seller sign the necessary documentation and the buyer pays the purchase price. At the closing, Omega Title and Escrow Services, LLC will provide all of the necessary documents, coordinate the exchange of funds and ensure that the transfer of title is completed.

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