6187 Executive Blvd., Rockville, MD, 20852 | 301.770.4107 | fax: 301.770.4552 | info@firstclasstitle.net

Your real estate closing on your new home or commercial property shouldn't be a grind! We offer title and settlement services, refinance home loans for clients in Maryland, Virginia and Washington, DC.

First Class Title can help you through the exhausting process of buying a home or refinancing a home loan and coordinate all the details of your transaction with your realtor, broker, or lender all the way to title and settlement process in Maryland, Virginia and Washington, DC. With over 12 years of experience First Class Title knows how to make the settlement process for your home loan or commecial loan go smoothly; helping to settle loans for buyers and borrowers in the tri-state area. At First Class Title, we realize how busy you are.

We do everything you would expect of a capable title company. We search the title, complete the paperwork accurately and on time, issue title commitments and insurance policies promptly, and conduct settlements at the convenience of the parties. We also provide notary and escrow services wherever needed, along with all the other niceties that take the hassle out of the closings.

We do closings for all types of real estate loans

  • first time home loans
  • equity refinancing home loans
  • for sale by owner home loan financing

Closing on your real estate purchase doesn't have to be a hassle!
Our Services:

Residential Real Estate Closings
Whenever real property is bought and sold, or the loan on that property is replaced with a new one, a formal closing is required. First Class Title specializes in this process.

Commercial Closings
Businesses engaged in the purchase or sale of property also require a formal closing, but often involve more complicated contractual relationships. First Class Title is well-versed in the commercial closing process.

1031 Like-Kind Exchanges
If you are planning to sell an investment property and purchase a new one that is similar in nature, the Federal Government now provides a means to avoid paying capital gains taxes on the sale proceeds. First Class Title has extensive experience in foreclosed properties and expertise with investor transactions





Our Products:

Deeds
In order for ownership of real property to change hands, a deed must be created, which must be signed, notarized, and recorded (i.e., filed) with the land records department of the local circuit court. Because a deed may be drafted only by a licensed attorney, First Class Title has attorneys on staff who are licensed in Maryland, DC, and Virginia, who can draft the deed and handle the recordation process.

Real Estate Contracts
The sale of real property involves a sales contract, which often requires amendments. Many real estate contracts are filled out by the realtors, we believe to safe guard your valuable investment you should have a clause included allowing a licensed attorney to review the contract before closing. First Class Title has attorneys on staff who are licensed in Maryland, DC, and Virginia, who can draft the contract and handle the signing procedure.

Powers of Attorney
When an individual expects to be unable to personally take actions on his or her own behalf, that individual may empower an agent (a.k.a., "attorney-in-fact") to act for the individual. This is accomplished with a power of attorney, a written document executed by the individual and their agent and notarized by a notary public. Because the power of attorney may be drafted only by a licensed attorney, First Class Title has attorneys on staff who are licensed in Maryland, DC, and Virginia, who can draft the power of attorney and notarize the signatures.

WHY DO I NEED TITLE INSURANCE?
A title search is performed on each transaction. The title records are only as good as the documents recorded. If a previous owner perpetrated a fraud, committed a forgery or the clerk of the land records failed to record or recorded incorrectly, the purchaser is unprotected without owners title insurance. With the coverage, the title insurance company incurs the expense of determining the validity of a claim and defending against the claim. If there is a title defect, the title insurance company pays the claim so that the purchaser retains ownership without loss, or compensates the owner for any and all losses incurred as a result . The cost of the owner's title insurance premium is modest in comparison with the potential loss from a claim. Owners title insurance is a one-time premium.

DID YOU KNOW CONSUMERS CAN PICK THEIR OWN TITLE COMPANY?

When it comes to real estate settlement transactions, First Class Title offers professional services for home owners, consumers and real estate agents at competitive pricing.

If you have already found a home and have written a contract, let us give you a quote on settlement costs.

If you are in need of a lender to finance the purchase of your new home, let us help you by referring you to one of our network of lenders who are experienced and competitive.

If you are in search of a new house, but just haven't found the right home to meet your needs, we can help with our network of experienced realtors who know the area very well and can help you in your search.

If you have found the home you want to purchase and it is "For Sale by Owner", we can prepare the contract for you as a buyer or seller, call us.