ITIC
- Investors Title Company
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Overview
Company Summary
Investors Title Company (ITIC) is a company that operates in the real estate industry. It is primarily engaged in the business of providing title insurance for residential, commercial, and agricultural properties.
Title insurance is a type of insurance that protects the buyer and lender against any financial loss or legal disputes arising from defects in the ownership of a property. When a property is bought or sold, a title search is conducted to verify the legal ownership and to uncover any potential issues or liens that may affect the title.
ITIC offers title insurance policies to buyers and lenders to ensure that they hold a clear and marketable title to the property. These policies protect against various risks, such as undisclosed heirs, forged documents, fraud, or any other legal issues that may arise after the purchase of the property.
In addition to title insurance, ITIC provides a range of related services, including escrow services, which involve holding funds on behalf of the buyer and seller in a real estate transaction. They also offer closing and settlement services, which involve coordinating the legal transfer of ownership and handling the necessary paperwork.
ITIC primarily operates in the United States and serves a broad customer base including individuals, real estate agents, mortgage lenders, attorneys, and other entities involved in property transactions. Their expertise in title insurance and related services helps provide peace of mind to buyers and lenders by mitigating risks associated with property ownership and transfer.