Ascendant Title offers a complete settlement solution. We strive to meet and exceed your expectations in every transaction.

TITLE SERVICES

We insure properties in the entire State of Colorado. Our key values are speed, accuracy and superior customer service. We strive to issue your title commitments within 24 hours for every county in the state of Colorado. Ascendant Title handles real estate transactions for Lenders, Mortgage Brokers, Vendor Management Companies and Real Estate Professionals.

You and your clients are able to take advantage of our competitive rates and fees when using Ascendant Title due to our efficient document retrieval system. We offer a simple bundle rate price structure to make it as convenient for you and your clients as possible.

We can assist you with all your title needs for the entire State of Colorado, such as;

To order a Title Order or for more information, please call Ascendant Title at 866.420.3185 or email us at info@ATcolorado.com

Title insurance is not as well understood as other types of home insurance, but it is as just as important.

WHY YOU NEED TITLE INSURANCE

Protecting your Home Investment

A home is usually the largest single investment any of us will ever make. When you purchase a home, you will purchase several types of insurance coverage to protect your home and personal property. Homeowner's insurance protects against loss from fire, theft, or wind damage. Flood insurance protects against rising water. And a unique coverage known as title insurance protects against hidden title hazards that may threaten your financial investment in your home.

Protecting Your Largest Single Investment

Title insurance is not as well understood as other types of home insurance, but it is just as important. You see, when purchasing a home, instead of purchasing the actual building or land, you are really purchasing the title to the property - the right to occupy and use the space. That title may be limited by rights and claims asserted by others, which may limit your use and enjoyment of the property and even bring financial loss. Title insurance protects against these types of title hazards.

Other types of insurance that protect your home focus on possible future events and charge an annual premium. On the other hand, title insurance protects against loss from hazards and defects that already exist in the title and is purchased with a one-time premium.

Two Kinds of Title Insurance benefit You in Two Ways

There are two basic kinds of title insurance:

• Lender or mortgagee protection,
• Owner's coverage.

Most lenders require mortgagee title insurance as security for their investment in real estate, just as they may call for fire insurance and other types of coverage as investor protection. When title insurance is provided, lenders are willing to make mortgage money available in distant locales where they know little about the market. Owner's title insurance lasts as long as you, the policyholder - or your heirs - has an interest in the insured property. This may even be after you have sold the property.

Depending on local practices and state law where the property is located, you may pay an additional premium for an owner's policy or you may pay a simultaneous issue charge - usually a smaller amount - for the separate lender coverage. You may even split settlement costs with the seller for the lender or owner's policy.

What does Your Premium Really Pay For?

An important part of title insurance is its emphasis on risk elimination before insuring. This gives you, as the policyholder, the best possible chance for avoiding title claim and loss.

Title insuring begins with a search of public land records affecting the real estate concerned. An examination is conducted by the title agent or attorney on behalf of its underwriter to determine whether the property is insurable. The examination of evidence from a search is intended to fully report all "material objections" to the title. Frequently, documents that don't clearly transfer title are found in the "chain," or history that is assembled from the records in a search. Here are some examples of documents that can present concerns:

Through the search and the examination, title problems are disclosed so they can be corrected whenever possible. However, even the most careful preventative work cannot locate all hidden title hazards.

Hidden Title Hazards - Your Last Defense

In spite of all the expertise and dedication that go into a title search and examination, hidden hazards can emerge after closing, resulting in unpleasant and costly surprises. Some examples of hazards include:

Title insurance offers financial protection against these and other covered title hazards. The title insurer will pay for defending against an attack on title as insured, and will either perfect the title or pay valid claims. All for a one-time charge at closing.

Your home is your most important investment. Before you go to closing, ask about your title insurance protection, and be sure to protect your home with an owner's title insurance policy.

Reprinted with Permission from Stewart Title Guaranty Company 2005.

To order a Title Order or for more information, please call Ascendant Title at 866.420.3185 or email us at info@ATcolorado.com. We are happy to assist you.

Every order that comes in the door is unique and requires delicate attention. Below is an example on the many steps involved in a Title Order.

STEPS INVOLVED IN A TITLE ORDER

You send in the new order from our website at www.AscendantTitle.com, via email to info@ATcolorado.com or via fax to 866.420.3184.

Your title order is processed by the Escrow Department and a Title Commitment is ordered from the Title Department.

The Title Commitment is typed and delivered to all the parties involved.

The Closer orders documentation [payoffs, homeowner dues, utilities (Water, Sewer, Public Service), to meet the requirements showing on the Title Commitment.]

The Client will set the closing date (Date, Time and Place) with the Closer.

Requirements may need to be altered throughout the process due to changes in Lender, Loan Amount, etc. A modified Title Commitment will be sent out to all parties involved.

Pre-Closing update (search done to check for any new requirements.)

Closing (sign documents and exchange money.)

The owner Title Policy is issued to the new Owner and the Lender Title Policy is issued to the Lender.

Feel free to call us at 866.420.3185 with any questions throughout the whole process.