About Tallent Title Group

Tallent Title Group, Inc.
2937 Tazewell Pike
Knoxville, TN 37918
P: (865) 357-7717
F: (865) 357-7716



*Tallent Title Group, Inc.* was founded by Scott Tallent and Whitney Tallent to provide loan closing, title insurance, title inspection and escrow services in Knoxville, TN and surrounding areas.
Brief Summary of the Services Tallent Title Group, Inc. Provides
You may order title insurance through our web site with the confidence that your transaction will be handled by a competent, courteous and knowledgeable title processing agent. Our system was created to encompass the speed and ease of the internet to deliver title data and documents securely and instantaneously. Expect the following:
	Rush searches/quick turn around time. Complete closing services. Full title insurance. "In office" or "out of office" settlements. After hours closing accommodations. Preparation of estimated settlement costs. Document preparation. Full recording services. Tax assessment information. Acceptance of e-mail documents. Title examination (search). Record owner and lien certificates. Judgment and lien searches. Disbursement of settlement funds. Construction loan closings. Quick return of loan documents and title policy.
Our primary goal is to provide our clients with expert loan closing and title services at an affordable prices. We are committed to providing high quality services that meet or exceed the needs of our clients.

*What exactly, is involved in a title search?*
Tallent Title Group, Inc. provides the following step-by-step review: Chain of Title This is simply a history of the ownership of a particular piece of property, telling who bought it and sold it, and when. The information may be derived from public records usually a County Clerk's or Recorder's Office or obtained from title plants privately owned and maintained by title companies. There are great varieties of such plants index cards, punch cards, tract books, even sophisticated computerized plants. They all contain essentially the same information from which the history of the title may be secured. *Tax Search* This is a search to determine the present status of general real estate taxes against the property. The tax search will reveal if taxes are current or whether any taxes are past due and unpaid from previous years. In addition, the tax search will indicate the existence of any special assessments against the land and, if so, whether or not these assessments are current or past due. A due and unpaid tax or special assessment is a prior lien or claim on the property above all others. If a buyer purchases property with unpaid and past due taxes or assessments against it, he or she is likely to find a government body the village, county or state placing the property up for sale to pay those taxes or assessments. A tax search reveals the status of the taxes. Title insurance protects the buyer against loss from unpaid and past due taxes and assessments. *Judgment and Name Search* One of the most important parts of the title search is to determine if there are any unsatisfied judgments against the seller or previous owners which were in existence while they owned the title. A judgment is a general lien against the debtor's real estate and constitutes security for any money owed under the judgment. The real estate can be sold to satisfy the judgment. It is extremely important to be sure that a title is not subject to judgments against the seller or previous owners. Title insurance provides this protection. A judgment against a person named Smith may affect the title of a seller named Smith, depending on whether or not they are the same person. So all possible variations of the name must be examined. For example, the name Smith might be spelled Schmidt, Schmid, Schmidtt, Schmidz, Schmied, Schmiedt, Smid, Smythe, and so on. The name Nichols can be spelled 73 different ways, from Nachols to Nychals. The task is to determine which of these applies to the owner in question. First names have to be checked, too. There are 25 foreign forms of John, including Johann, Jehan, Hans, Shaun, Gudi, and Efom. Rights established by judgment decrees, unpaid federal income taxes, and mechanic's liens all may be prior claims on the property, ahead of the buyer's or lender's rights. If a judgment is discovered that constitutes a defect in the title, it is pointed out, and the seller must then eliminate it before the title of the new buyer can be insured free and clear of that judgment. *Our Commitment* When these searches have been completed, we company issues a commitment to insure, stating the conditions under which it will insure the title. The buyer and seller and the mortgage lender can proceed with the closing of the transaction after clearing up any defects in the title which may have been uncovered by the search and examination. The mortgage lender is as concerned as the buyer about the quality of the title because the property is to be security for the new mortgage loan. The mortgage lender requires assurance that it has a valid first (or another acceptable priority) mortgage lien on the property. This is not only common sense, but generally is a legal requirement of regulated mortgage lenders. The lender's title insurance, however, doesn't protect the new buyer of the property. Although the land is the same, the interest of the buyer and the interest of the lender are very different. The provisions of a lender's title insurance policy are very different from those of a buyer's policy, so the buyer should obtain his own policy, often issued simultaneously with the lender's policy.