What About Title Insurance?

Title insurance is usually obtained when real property is purchased. The policy of title insurance insures the owner and/or the lender of ownership of the property. There are various coverages afforded, but a basic policy insures that the buyer is the owner and that any lender shown on the policy is an “insured” lender. Many different types of extended coverage are available; for example, an ALTA policy is quite often required by the institutional lenders to afford them additional protection under the title insurance policy. The title policy is written after an extensive examination of the public records is made and the recording of the required documents as called for in the escrow. The title insurance policy fee is a one-time fee, paid at the close of escrow. The determination of who pays for the policy is not uniform from county to county in California. In some counties, the buyer will pay while in others the seller will pay. In other counties the seller will pay for the owner’s policy and the buyer will pay for the lender’s title policy. But in almost every case, the question of who pays closing costs is a matter of agreement between the parties. Usually this agreement is based on the customary practice in your county or area. In the case of some FHA or VA transactions, the escrow officer must follow the guidelines as required by the lender and/or government.


Location

308 West Oak Avenue
Visalia CA  93291
View Map

Phone: (559) 733-1025
Fax: (559) 733-9002

Hours

Monday - Friday
8:00AM - 5:00PM

Payment Methods Accepted

Personal/Business Check
Cashier's Check
Money Order
Cash Accepted for Accommodations Only

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ANNOUNCEMENT:

Tulare County Escrow Co will not be taking any escrows as of January 1, 2018. We will be in our office finishing up our open files and when all is processed, we will be closing our doors.

Our business has always been unique as we were a family business and treated everyone that came into our doors as such. Our sister, Linda Reed, retired in 2011. After 39 years in this business, the other sister, Karen Niederreiter, will be retiring. The third sister, Leslie Silva, will be taking a "little part" of Tulare County Escrow with her as she starts working at Chicago Title Company in Visalia starting full time in February, 2018.

Mari Rippetoe will be working with Karen until all is processed and the audit is completed by the Department of Business Oversight.

This decision did not come lightly as Earl Parsons, Jr., our father, started this business in 1974. We believe he would be proud of how we followed in his footsteps and the decisions we have made.

Our thanks to you in the community that have used our Company. We appreciated assisting clients in the sale of their businesses, ABC License Transfers, Manufactured Homes, Home Sales and Refinances.

Any escrows that you would like to be opened with Leslie Silva can be done by emailing her assistant at kaytee.ferry@ctt.com.
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