Title companies for Gem County are listed below.
What Does A Title Company Do?
They make sure that the title to a piece of real estate is legitimate and then issues title insurance for that property. They protect the lender and/or owner against lawsuits or claims against the property that result from disputes over the title. They also often maintain escrow accounts. These contain the funds needed to close on the home to ensure that this money is used only for settlement and closing costs, and may conduct the formal closing on the home. At the closing, a settlement agent from the title company will bring all the necessary documentation, explain it to the parties, collect closing costs and distribute monies. Finally, they will ensure that the new titles, deeds and other documents are filed with the appropriate entities.
Here’s what potential home buyers need to know. –read more–
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Alliance Title & Escrow 1312 S Washington Ave. Suite F PO Box 622 Emmett, ID 83617 Ph. 208-365-4486 Marilyn Knighton -VP & General Manager |
Pioneer Title Company 2020 S Johns Ave, Suite A Emmett, ID 83617 Ph. 208-365-5343 Fax 208-365-3650 Ted Kirkhart – Manager/Senior Escrow |
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What is Escrow and How does it work?
An escrow account is set up by your lender to pay for homeowners insurance and property taxes. Learn why escrow accounts exist and how they work.
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