Q&A Articles – Welcome to Mutual Title LLC

•February 28, 2019

What to Expect at Closing?

Once closing day arrives, you will have completed many tasks, such as signing and delivering a contract to Mutual Title LLC, and in the case of a buyer or borrower, you may have obtained an inspection, received a copy of your appraisal, etc. When you arrive at Mutual Title LLC or when you meet a...

•February 28, 2019

What is Escrow?

Escrow can take on many meanings. But if you are using a title company in Texas it can be narrowed to the following: Escrow Process: the Buyer and/or Lender deposit funds into the title company’s escrow account, where the funds are held until certain conditions are met, the file is fully “closed”, and disbursements may...

•February 28, 2019

What is Title Insurance?

Title Insurance is an insurance policy that pays the policy holder for actual defects or issues with title on a property. The title company would be responsible for paying specified legal damages against a valid claim. Title insurance is generally required by a lender, but every buyer should consider a title policy even when not...