Services
 A title document promptly executed and totally accurate. That’s the response we invariably hear when clients tell us what they demand from a title agency. Commonwealth Suburban Title Agency is positively obsessive about meeting that demand and has been for over 50 years.
And now we have taken our competitive edge even further by embracing those tools of 21st century computer technology that permit us to even more aggressively process your title transactions.
These closing services encompass:
- Procuring complete and accurate payoff statements
- Communication with the lender to assure smooth flow of all processes
- Preparation of HUD—1 forms
- Preparation of the proper affidavit of title
- Timely forwarding of title transaction package to the lender
- Recording of required official documents
- The proper disbursement of money
- Assuring the return of the transaction package to the lender
 A frequently asked question by home buyers is why should they purchase title insurance when the lender is already required to do so?
In order to understand this it is helpful to know that there are three distinct types of title insurance policies offered by Commonwealth Suburban Title Agency.
Lender’s Policy
Typically this type of policy is required by the lender to insure the lender’s financial interest in the property. It is usual for the homeowner to bear the cost of the policy.
Owner’s Policy
This policy will assure that you are protected from any defects in the title - liens, fraudulent signatures, improperly settled estates, or other encumbrances to the title - that existed prior to purchasing your policy. In effect, an owner’s policy completely shields you from any significant litigation costs arising from title problems that can remain hidden for years despite the most exhaustive search of past property records. In this way, an owner’s policy provides you, the owner, with the peace of mind in knowing that the rights to your property are fully protected. Obviously this makes it a highly worthwhile investment.
Title Guarantee
A title guarantee protects the purchaser only as to matters discovered on the examination of the record title. Whereas, a title insurance policy insures certain defects which do not appear in the record examination.
 Commercial properties present their own special set of legal pitfalls and complex dynamics for title agencies. Considerations such as tenant leases, EPA restrictions, etc. can, and often do, come into play and must be dealt with and resolved promptly, knowledgably and, above all, with precise care and professionalism.
Commonwealth Suburban Title Agency “has been there and done that,” in successfully untangling the nastiest issues time and again for over 50 years. So much so, that our clients have come to view us as THE commercial deal-closers; the ones who have earned their gold bars as a leader in commercial title transactions. Plainly put, we’ve set the standard that our competitors can only strive for.
Lender’s Policy
Typically this type of policy is required by the lender to insure the lender’s financial interest in the property. It is usual for the homeowner to bear the cost of the policy.
Owner’s Policy
This policy will assure that you are protected from any defects in the title - liens, fraudulent signatures, improperly settled estates, or other encumbrances to the title - that existed prior to purchasing your policy. In effect, an owner’s policy completely shields you from any significant litigation costs arising from title problems that can remain hidden for years despite the most exhaustive search of past property records. In this way, an owner’s policy provides you, the owner, with the peace of mind in knowing that the rights to your property are fully protected. Obviously this makes it a highly worthwhile investment.
Title Guarantee
A title guarantee protects the purchaser only as to matters discovered on the examination of the record title. Whereas, a title insurance policy insures certain defects which do not appear in the record examination.
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