Atypical Title, Inc.
We're Not Like The Rest.
Complete Abstract, Title, and Closing Service.
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What is Construction Loan Disbursement?

  • Atypical Title, Inc. provides this service that tracks your payments for new home construction or remodeling with lien waiver checks. Lien waiver checks are payments to contractors and subcontractors that reflect that they understand at signing that they are waiving any right to a mechanics lien on the property up to the amount of the check. This acts to protect the home owner from liens from non-payment on subcontractor accounts.
What is a Title Company?
  • A title company exists with the specific duty of providing the service of transferring the title to real property from one individual to another, free of any liens or encumbrances which were not agreed to between the parties. This company can help you to make sure that you get the real estate that you paid for without any one else's problems.
What is an Abstract?
  • An Abstract is the record history of the property; it does not act to convey real estate and having it does not mean you are the owner. The document that will transfer property is a Deed. You may need to have an abstract to show that any past liens have been paid, or to reflect whether there are rights of others to use your property, like a telephone or electric company.
What is Title Insurance?
  • Title insurance is similar to other insurances in the sense that it is a policy you purchase to protect something. As life insurance will pay beneficiaries at your death, or auto insurance may pay for the costs of repair of a vehicle, title insurance will act to pay for any loss from someone saying that you are not the owner of the piece of property you purchased. This policy protects you from mistakes of people who may have examined the record ownership of your property.
What is a HUD Settlement Statement?
  • At the real estate closing or mortgage closing, there is a document that is commonly used which is called a HUD settlement statement. This is named as such because the form itself was created by the department of housing and urban development for use in their mortgage closings, and has now become standard in almost all real estate transactions. The HUD settlement statement reflects where the money is going, it states what fees are being collected at closing and who they will be paid to. The second page lists what fees are being collected and the first page says what has been paid on your behalf and what you are responsible to pay taking into account the cost of the property you are purchasing and the fees that are being collected.