Home Buyer's Information

 

Enhanced Homeowner's Title Coverage

Providing the Best to Homeowners

 

Homeowners depend upon the strength and stability of a reputable title insurer to back their policies for years to come. Capstone Settlement is an agent of Fidelity National Title.  Fidelity National has a long and proud history of providing homeowners with the most innovative title and escrow products in the industry.

 

With Fidelity National, homeowners can enjoy peace of mind knowing they are insured by one of the industry's premier title insurers. And with the Homeowner's Policy, they'll enjoy even more peace of mind knowing they have the best title policy available.

 

Superior All-Inclusive Benefits from the Homeowner's Policy
This superior policy gives homeowners the most thorough and comprehensive coverage available in the industry.

 

The new Homeowner's Policy includes the following basic coverage:

  • False impersonation of the true owner of the property

  • Forged deeds, releases or wills

  • Undisclosed or missing heirs

  • Instruments executed under invalid or expired power of attorney

  • Mistakes in recording legal documents

  • Misinterpretation of wills

  • Deeds by minors

  • Deeds by persons supposedly single, but in fact married

  • Liens for unpaid estate, inheritance, income or gift taxes

  • Fraud

     

For more details download PDF.

Coverage Item                                     

Post Policy Forgery Protection           

Enhanced Access Coverage                

Building Permit Violations   

Subdivision Map Act Coverage     

Restrictive Covenant Violations

Mineral Extraction Coverage 

Map Inconsistencies Coverage 

Coverage Extended to Living Trusts 

Enhanced Encroachment Coverage

Automatic Inflation Protection (5 years) 

 

Standard

No

No

No

No

No

No

No

No

No

No

Enhanced

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

 

ALTA Best Practices

The American Land Title Association (ALTA) created best practices to help members highlight policies and procedures the industry exercises to protect lenders and consumers, while ensuring a positive compliant real estate settlement experience.

 

Whether you're purchasing your first home or your fifth, the day of closing should be a time of celebration. While you're busy packing and scheduling movers, it's comforting to know that skilled professionals are busy working behind the scenes to make sure your closing runs smoothly.

 

ALTA Best Practices help assure your closing is managed and conducted in a reliable and safe manner.

 

Click here to learn more about ALTA Best Practices.

 

Click here to learn more about the home closing process.

Capstone Settlement utilizes technologies from industry-leading providers:
 

How E-recording Works

 

1. Send

Capstone electronically scans, uploads and submits documents through a web-based service for recording.

 

2. Receive

The county Recorder of Deeds receives the documents electronically for processing.

 

3. Review

Documents are reviewed by the county. Should they find any errors, the document will be rejected and returned for correction.

 

4. Record

After they have been reviewed and approved, documents will be processed, stamped, and officially recorded with the county.

 

5. Return

The county returns the stamped, recorded documents back to Capstone electronically, notifying them that the document(s) have been recorded.

e-Recording

What is e-Recording?  Closing documents, like deeds and mortgages, need to be filed at the courthouse to legally effect conveyance. This process is called recording. The traditional method of recording is to ship or hand-deliver documents to the courthouse for review and filing.  e-Recording utilizes specialized technology to deliver documents, via secure Internet connection, in digital form to the county courthouse for recording. 

Fast.
 
Reliable.
 
Secure.
 
Cost-effective.