Purchasing property can be one of the most expensive and nerve-wracking experiences of all time—even for seasoned real estate investors. Between closing costs, insurance premiums, quiet title actions, and mortgage taxes, total expenses can add up quickly and, depending on the owner history, title issues may arise that could cause major financial distress.
Tax Title Services (TTS) can help protect your investment and ensure a smooth title transition into your name with our proven certification process.
Read on to find out all you need to know about Tennessee title insurance laws and how TTS can help save you time and money on your investment.
After purchasing your property, you may want to consider paying the one-time fee for title insurance. Home buyers using a lender will have to purchase a lender’s policy; however, if you bought the property outright, the seller is actually required to buy the owner’s policy in Tennessee.
In order to obtain title insurance, you’ll need to have proof of property ownership in the form of a title. In most cases, this will involve an action to quiet title—a lawsuit confirming yourself as the sole owner of the property. An action to quiet title typically takes between 8 and 10 weeks to resolve and in most cases will cost between $3,000 to $6,000 with attorney fees considered. TTS offers a more cost-effective, time-sensitive solution for new property owners that eliminates the need to quiet title altogether.
Our certification process removes the need for quiet title action by thoroughly certifying the accuracy and completion of tax lien foreclosure due process. We are not a title company. Rather, our tax title curative consultants will partner you with a nationally recognized title insurance underwriter to get you the best coverage for your assets. With the help of our proven process, you’ll have the title in your name and the insurance to prove it for years to come in as little as four weeks.
TTS values your time and money, which is why we offer a flat-rate fee of $1,950 for Tennessee properties under $200,000. We serve all of Tennessee, including (but not limited to) the following cities:
Don’t spend thousands on securing the investment for which you already paid so much: Allow the professionals at TTS to help get your property’s title in your name with the insurance to protect you from unexpected claims in the future.