As a family run business, Bay Title is proud to be the only 100% locally owned title company in the Green Bay area. With deep roots in the community, we prioritize building strong relationships and providing exceptional service to our clients. Our commitment to being a family run business means that we bring a personal touch to every transaction, treating each client like a member of our own family. Being locally owned allows us to have a thorough understanding of the local real estate market, enabling us to offer expert advice and guidance throughout the closing process. Our team is dedicated to delivering a smooth and efficient experience, ensuring that your real estate transaction is handled with care and professionalism. Choose Bay Title & Abstract, Inc. for all your title and abstract needs, and experience the difference of working with a family run and locally owned company.

There are two kinds of title insurance policies. An Owner’s Title Insurance Policy and a Lender’s Title Insurance Policy.

An Owner’s Title Policy is an insurance that the seller provides buyers from title defects that may have existed prior to the issue date of your policy. If a valid claim is filed, your Owner’s Policy, subject to its terms and conditions, will cover financial loss up to the face amount of your policy. Title insurance differs from other types of insurance in that it focuses on protecting real estate owners from the past, rather than the future.

VS.

A Lender’s Title Policy insures that your lender has a valid, enforceable lien on your property. Most lenders require borrowers to purchase this type of insurance policy to protect their investment.

Title Insurance covers a number of title issues that may arise. An Owner’s Policy covers defects in title caused by:

Improper execution of documents

Mistakes in recording or indexing legal documents

Undisclosed or missing heirs

Unpaid taxes and assessments

Unpaid judgments and liens

Unreleased mortgages

Mental incompetence of grantors on the deed

Impersonation of the true owners of the land by fraudulent persons

The title insurer carefully researches every known recorded document regarding current and prior ownership of the property being purchased or transferred to determine the current status of the title. This includes scrutiny of all public and court records, property tax records, legal descriptions, liens, and claims. The search may cover such relevant documents as deeds, mortgages, wills, judgments, divorce decrees, liens, and assessments relative to the property in question.

Buyers, sellers, and lenders all benefit from title insurance policies. Title insurance protects home buyers and sellers against past problems with the title, whereas other insurance typically covers future risks.

In the States of Wisconsin and Michigan, the seller typically pays the cost of an Owner’s Policy unless noted otherwise in the offer to purchase contract. The buyer typically pays for the cost of the Loan Policy, unless noted otherwise in the offer to purchase. The fees may be paid by either party, as long as it’s made clear who is to cover the cost in writing.

Bay Title & Abstract, Inc. has adopted DocuSign, a Wisconsin-approved RON technology provider, to conduct RON closings. A RON closing appointment is required.

RON closings are completed in a video chat format via DocuSign. You must have audio, video, and internet connection to partake.

You will be asked to validate your identity by uploading a valid government-issued identity document and correctly answering a few security questions.

Once you enter the conference with your notary, you will be asked to adopt a digital signature and sign all documents electronically.