Easy online ordering and quick turnaround times will get your loan to the table quickly and flawlessly. In this market, even a matter of minutes can make the difference to your bottom line. Superior customer service and customized online solutions have put Tallent Title Group, Inc. at the forefront of the title industry.

Once your title order is received, our processing team goes to work. After a careful review of the search, we obtain the necessary documentation to try and clear unwanted liens and encumbrances. Your assigned customer service representative will update you every step of the process and work with you to ensure your loan is ready to close when you are.

Last-minute closing? Closings at Borrower's home, office, or designated location? No problem. Our cutting-edge technology combined with our network of attorneys and notaries offer the convenience of anytime, anywhere closings. We close after-hours and weekends, we close in-office or at the borrower’s requested location, we even close on the Internet. Changes at the closing table are handled electronically, allowing new documents to be created and printed quickly.

We offer these additional services in conjunction with your refinance transaction:

• Deed Preparation
• Power of Attorney review and preparation
• Out of state closing coordination
• Payoff ordering

Generally construction loans are for the duration of the construction phase. After the occupancy permit is signed off by the building inspectors, the bank releases the last of the money to the contractor and subcontractors.

The principal and interest that accrued during construction are then rolled into one lump sum and becomes the principal due on a new loan with a fixed or variable rate. You will be given a closing date for the new loan and a regular payment schedule.

At Tallent Title Group, Inc. we understand construction loans and how to process them.

While refinance closings are less stressful than purchase closings because there is no seller and no moving involved, following a few simple rules can help make your refinance closing successful and hassle free.

The primary goal of refinancing is to obtain a new mortgage to lower your rate, take cash out or both. Closing within the period of your rate lock is a critical part of successfully refinancing. You and your loan officer can do everything right to get your loan ready to close, but if your rate lock expires and rates have increased, your refinance plans will have failed.

At Tallent Title Group, Inc. we understand the intricacies of refinancing home and or commercial loans. Our staff has years of experience regarding document preparation, tax and title searches, escrow services, closing services and document recording.

Successful refinancing closing tips include:

• Get all details in writing from your loan officer at the beginning of your application.
• Over-estimate the funds you actually need at closing.
• Lock your interest rate for longer than you think you will need to close.
• Review all documentation prior to closing - do not wait until the day of closing.
• Choose the right team.

Planning to purchase or finance Commercial or Industrial Real Estate? Shopping Center? Office Building? Restaurant/Banquet property? Parking Lot? Storefront? Gas Station? Manufacturing facility? Warehouse? Logistics Terminal? Medical Building? Nursing Home? Hotel/Motel? Pharmacy? Bank facility? Sports and Entertainment Arena? Other?

You can depend on Tallent Title Group, Inc. for expert closing and settlement services for single-state, or complex multi-state commercial transactions.

Tallent Title Group's commercial settlement and escrow services assists customers by coordinating all phases of commercial transactions to meet timelines and serve all parties.

Every transaction is coordinated by an expert Commercial Closing Specialist who serves as the single-point of service contact throughout the entire transaction delivering personalized service for every client.

Our dedicated and experienced commercial property settlement and escrow team will work to save your business time and money as we navigate the frequently complex issues of commercial property transactions with your best interests in mind.

A mortgage is a legal document stating a secured interest in real property, typically a person's home. A second mortgage loan refers to a home loan that is second in line in the event of foreclosure or sale of the property. Essentially among the secured mortgage lenders, the second mortgage holder stands behind the first mortgage holder and any liens filed against the property prior to the filing of the 2nd mortgage.

Second mortgage loans can be taken out for a variety of uses, such as debt consolidation and home improvements. These loans are often at a higher rate than first mortgages as they represent a greater risk for the home mortgage lender. But, the interest rate can also be affected by other factors (other than current market conditions), the most likely being:

• The borrower's credit history.
• The CLTV (combined loan to value). This is the percentage of the home's value that has been borrowed against. For example: Having a first mortgage of $75,000 and a second of $15,000 borrowed against a house valued at $100,000 is 90% ($90,000 divided by $100,000).

Title Opinion is a written statement from an attorney which describes the quality of title to a property. It gives an analysis of the title search regarding the current ownership rights in the property. It states whether there is any kind of lien or cloud in the title to the property.

Purpose of the Title Opinion

The title opinion describes the property, provides the names of the owners and any exception that the attorney has discovered to the title. Such exceptions include recorded building restrictions, servitudes, and building set-back lines. The opinion is issued on the basis of the information provided in the public records of the parish in which the property is situated.

A title Opinion states whether a property has any mortgage or lien against it. But if the attorney says that, there is no such lien and it happens that there is such a defect in the title, then he has to fix up the problem. The attorney then has to get rid off the problem at his expenses. He may even have to pay off the mortgage or judgment. Thus, title opinion is a low-cost insurance policy that lasts for as long as the attorney is legally responsible to resolve any problem he overlooked. The obligation is limited to the time frame that an attorney can be sued for malpractice.

Title Commitments/Binders:

 During the real estate purchase process, the title company will search the public records, and issue what is called a title insurance commitment or a title insurance binder. Along with certain property, buyer, and lender information, this document will likely have a list of requirements and exceptions.

This document binds the title company to issue the insurance policy subject to the requirements being met. The list of exceptions are those items that will not be covered by the insurance policy.

There are many reasons you may need to change the way you hold title. Tallent Title Group, Inc. has many years of experience in the Title and Document Preparation fields. Don’t guess what forms you need or worry about how to fill them out and get them recorded. Let the professionals at TDS prepare, complete and record your documents.

We have skilled staff in title document preparation & escrow work who can competently prepare any real estate documents you may need. Legal documents you may need can include: warranty deeds, quit claim deeds, lease purchases, notes, trust deeds, UCC-1 liens, material-man/mechanics liens, notices of completion, subdivision restrictions, condominium master deeds and by-laws, releases, easements, and more. At Tallent Title Group, Inc., we understand that when it comes to a real estate transaction, quality is extremely important, as well as speed and efficiency.

We properly and promptly record your legal documents to obtain title and/or secure your position regarding your property.

Tallent Title Group, Inc. offers our customers an extra level of service through our in-house witness signing service. With over 20 years of experience of conducting witness loan signings, our signing agents provide added benefit and comfort of having your loan signing conducted by full service, experienced agency.

We conduct witness loan signings in our office, someone else's office, the borrower's home, or any location that suits your needs, all at very reasonable and competitive prices. We have the ability to close loans at a time and place that accommodates everyone’s busy schedules.

The opportunity to protect hard earned equity in the sale of an investment has been available to consumers since 1921. However, complexities and details of the tax code prevented only the most knowledgeable from using this option. In 1990 the Omnibus Budget Act clarified the process an opened this option to a broader set of consumers.

Section 1031 Exchanges, which have become more popular since the mid-90s, allow investors to defer the tax on capital gains until some point in the future.

Section 1031 of the Internal Revenue Code provides that no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business, or for investment. A tax-deferred exchange is a method by which a property owner trades one or more relinquished properties for one or more replacement properties of "like-kind", while deferring the payment of federal income taxes and some state taxes on the transaction.

The theory behind Section 1031 is that when a property owner has reinvested the sale proceeds into another property, the economic gain has not been realized in a way that generates funds to pay any tax. In other words, the taxpayer's investment is still the same, only the form has changed (e.g. vacant land exchanged for apartment building). Therefore, it would be unfair to force the taxpayer to pay tax on a "paper" gain.

The like-kind exchange under Section 1031 is tax-deferred, not tax-free. When the replacement property is ultimately sold (not as part of another exchange), the original deferred gain, plus any additional gain realized since the purchase of the replacement property, is subject to tax.

A Qualified Intermediary (QI) is the professional provider of the mandatory mechanics of an exchange. The use of a QI, as an independent party to facilitate a tax-deferred exchange, is a safe harbor established by the Treasury Regulations. Sometimes QI's are referred to as "accommodators" or "exchange facilitators."

When the taxpayer engages the services of a QI, pursuant to an exchange agreement, the IRS does not consider the taxpayer to be in receipt of the funds. The sale proceeds go directly to the QI, who holds them until they are needed to acquire the replacement property. The QI then delivers the funds directly to the closing agent who deeds the property directly to the taxpayer.

Without a QI, and pursuant to an exchange agreement, the IRS may not define a transaction as an exchange, thereby making it ineligible for tax deferment status.

Tallent Title Group, Inc., has professional escrow agents who handle all the details involved in servicing a first, second, or wrap-around mortgage, deed of trust, land contact, Bond for Deed, option or other installment loans. Whether you've agreed to accept payments on a promissory note or decided to include private mortgages in your investment portfolio, we have the experience and expertise required to properly service any installment plan. Tallent Title Group can provide note holders with the convenience of automatic fund disbursements, regardless of the date payment is received.

For more information regarding our Escrow Service, go to our Escrow Services Page.

Tallent Title Group, Inc. is licensed, bonded and insured, so you can be confident you are choosing an experienced and trusted escrow company and partner.