New World Title & Escrow provides high quality real estate settlement solutions to homeowners throughout Virginia, Maryland and Washington, D.C. New World Title & Escrow is owned and operated by an attorney with twenty-eight years of legal experience, and staffed with highly-knowledgeable title professionals. This makes New World Title & Escrow uniquely qualified to successfully navigate clients through the closing process.

2. What makes New World Title & Escrow stand out from competition?

New World Title & Escrow is equipped with professional legal knowledge, highly competitive rates, a friendly and experienced team, convenient accommodations for clients and state-of-the-industry technology tools. 

3. What are some examples of the settlement services New World Title and Escrow provide?

New World Title & Escrow provides complete settlement solutions for new home sales, home resales, construction loans, refinances, reverse mortgages and equity lines/second mortgages. You can view their rates here (as of 09/08/21). 

4. Does New World Title & Escrow offer Title Insurance?

In connection with providing escrow and settlement services, New World Title & Escrow furnishes owners and lenders with title insurance as agents for Stewart Title Guaranty Company and Old Republic National Title Insurance Company.

Title insurance protects an owner's and lender's interest in real estate. For homeowners it insures that they have title to real estate free of any liens, encumbrances or other title defects so that they can occupy, use and sell their real estate without the risk of loss. Unlike other insurance such as auto, home, health and life which protect against potential future events, title insurance protects against events that occurred in the past of the real property and those who had owned it. Likewise, unlike other types of insurance which require monthly, semi-annual or annual premium payments, owners' title insurance premiums are paid once at settlement when you purchase your property. The protection extends throughout the time the policyholder owns the property and even after it is sold. Owners' title insurance comes in standard and enhanced policies. Enhanced policies cost more but provide coverage for additional risks. Lenders ordinarily require that title insurance be purchase on their behalf, at the borrower's expense. Lenders' title insurance only protects a lender's security interest in real property and will not protect the owner and, unlike owner’s policies, terminates when the loan is paid off. Click here to learn more.

5. What else should Realtors® know about New World Title and Escrow?

Realtors® can try the New World Title and Escrow Title App where they can generate settlement quotes, produce net sheets or even a settlement statement. In addition, New World Title and Escrow offers continuing education or post licensing credits, for those who a need required credits or are interested in keeping up with real estate industry matters. New World Title and Escrow have both credit and non-credit courses available. Check out upcoming classes here.