What Does a Title Company Do?
All American Title is a full‑service Title and Closing Company. We offer a wide array of products and services:
Commercial Closings
All American Commercial Title is an affiliate of All American Title Co., Inc. and was founded in 2003. We specialize in all types of real estate purchases and refinances. AACT has considerable experience closing commercial construction loans, SBA 504 loans, SBA 7(a) loans, 1031 Exchanges, Reverse 1031 Exchanges, as well as tax‑exempt bond transactions.
Lenders and Owners Title Insurance
To put it simply, title insurance is a way to protect yourself from financial loss and related legal expenses in the event there is a defect in title to your property that is covered by the policy. Title insurance differs from other types of insurance in that it focuses on risk prevention, rather than risk assumption. With title insurance, title examiners review the history of your property and seek to eliminate title issues before the purchase occurs. Title insurance also differs in that it comes with no monthly payment. It is just a one‑time premium paid at closing.
Document Recording Service
Just as in any transaction, keeping an official paper trail and record of any sale or change in ownership is an important part of verifying the history of a given property or purchase. Recording – the act of putting a document into official county records – is an important process that provides a traceable chain of title to a property.
Owners and Encumbrances Reports
Owners and Encumbrances reports verify the current vested owner(s) of the property from last property purchase to most current effective date in the property records, reports unreleased mortgages and judgments and provides tax status (where available).
Mobile Closings Available anywhere in MN or WI
With our mobile closing option, an All American Title Company closer will come to you at your convenience to complete your closing!
Residential Closing
Customer Service continues to be our core focus at AAT. We offer a Specialized Closing Process for each client that focuses on their organization's priorities and individual needs. Each account is given a specific team that allows us to provide consistent service on each transaction.
New Construction Department
Our priority is to connect our clients with dedicated, specialized new construction staff and give them access to all the resources required to be successful. The staff at AAT truly takes ownership in every transaction that crosses their desks. They are educated, professional and have always been the reason we work with so many industry leaders.
Abstracting Services
An abstract of title is a summary of all conveyances and encumbrances affecting the property. Certification by the abstractor states the information is complete and accurate. This information is needed for the preparation of a policy of title insurance for the parcel of land.
Multiple Attorneys on Staff to answer title related questions
Each real estate transaction is unique and comes with different sets of issues to be resolved. Even if your property’s title search comes back perfectly clear, each transfer of ownership in your chain of title could pose a hidden issue. Potential problems with the title that may come up include defects in title caused by:
· Fraud
· Forgeries
· Unknown heirs
· Unknown liens
· Unknown easements
· Illegal deeds
All American Title and our on‑staff attorneys will help you navigate these challenges.