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Frequently Asked Questions


What is title insurance exactly?

 

Title insurance is indemnity insurance against defects in title to real property and from the invalidity or unenforceability of mortgage liens. Title insurance is sold in the U.S. as a result of deficiencies in the land records. There are many types of title insurance policies; however, the two most common are the standard Lenders’ Policy and Owners’ Policy.

 

What is “TIMIOS”?

 

“Timios” is the Greek word meaning “Honest”. As the new name in settlement services, we strive to build a reputation as a customer service oriented company whose priority is honesty and integrity. We will work with you and your clients to close your loans on time, every time. It is our goal at Timios, Inc. to provide excellent service and to grow along with your company.

 

Why should I use Timios, Inc.?

 

Timios, Inc. is a streamlined operation, offering title and settlement solutions with a single point of contact. We are resourceful and flexible and can immediately adapt to your individual needs. Although we are new, our personnel possess over 50 years of combined national experience. We know what it takes to close your loans!

 

How would I access my orders?

 

Timios, Inc. offers online access to your files, 24 hours a day, 7 days a week. You will be able to view documents, notes, check file status and post messages to our staff at any time.

 

How do I schedule my signing appointments?

 

Timios, Inc. allows you to request signing appointments via our website, e-mail or over the phone. Once your request is received we will confirm the appointment with your borrower within three hours.

 

How do I obtain clear title in order to close?

 

At Timios, Inc. you will have one point of contact: a closing specialist. Your closing specialist will review the title report on the subject property once it is prepared and take the necessary steps to clear any “clouds” shown. Common “clouds” include issues with vesting, old liens that have been paid, existing mortgages for which demands need to be ordered and tax issues.

 

How do I place my order?

 

Timios, Inc. will process orders placed via our website, fax, phone or e-mail. We contact new partners immediately to go over service level agreements and requirements to ensure customer satisfaction. We will automatically order payoff demands and title searches to minimize turn times. We will be ready to close when you are and look forward to working with you soon.

 

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