Serving MARYLAND & DC

Title Insurance  •  Escrow Services  •  Settlements

ABOUT US

Newlyn Title was established in 1997 to provide personalized settlement services to a broad base of clients. Our experience and attention to detail and the needs of our clients will make a difference in the service you receive for both commercial and residential purchase, refinance and reverse mortgage closings. Our staff of experienced settlement officers combined with our highly trained and licensed processing and support staff ensures a successful transaction. Give David or Laura a call today.

Our office serves as home base for all parties to the transaction. We coordinate with Lenders, Realtors, Buyers and Sellers to ensure all contract and loan conditions are met in a timely fashion for closing. We work with each party throughout the transaction to answer questions, obtain and provide information and any other assistance needed.

We understand our realtors and lenders may have spent weeks working with our clients to build trust and confidence. All of these efforts may go unappreciated when unanticipated problems develop at closing. Our highly trained staff and our focus on staying ahead of the curve in ordering, reviewing and completing work, combined with our expertise across the entire transaction results in resolving most issues early on. Our common goal is a smooth and pleasant closing without any last minute surprises.

Our Clients, Realtors and Lenders seem to particularly appreciate our ability to stay organized, assist in problem solving, provide on time closings, professional representation, prompt responses and our ability to customize our service to meet their individual needs.

We issue title insurance policies through Fidelity National Title Insurance Company to protect our client’s valuable real estate investments.

WE BELIEVE THAT

every settlement is important

We understand you may have spent weeks working to find just the right property or obtaining the best financing deal. All of that effort may go unappreciated, and unrealized when unanticipated problems develop at closing. Our highly trained staff, our focus on staying ahead of the curve in ordering, reviewing and completing work, combined with our expertise across the entire transaction results in resolving most issues early on. Our aim is a smooth and pleasant closing without last minute surprises.

details matter

People who try us, use us again and again. Let us be part of the team that leads to a successful transaction. Whether you are a Realtor, Buyer, Borrower, Seller or Lender, we will help you to experience the gratification and satisfaction of a successful Real Estate Transaction.

experienced staff is our best investment

There is no substitute for experience. Experience enables you to recognize issues before they become problems. It is why we assign “file set up” to our most experienced individuals. We want experienced eyes looking at your transaction at the beginning, taking an initial look at everything from property location to financing arrangements. We interview the financing and sales professionals along with borrower and seller on each transaction to be sure we have a correct understanding of intent. Preparedness and understanding allow us to accurately set expectations leading to smooth and successful conclusions of your transaction.

your time is valuable to us!  we strive to provide a stress-free transaction so you will want to use us again and again. , your referral is the greatest compliment we could receive! , ​

MEET US

Speak directly with our most experienced people to get your transaction started right. We will review your specific situation to be sure that we are heading in the right direction from the very beginning. Then your transaction will be assigned to our highly trained staff with a plan for a smooth transaction with our focus on staying ahead of the curve in ordering, reviewing and completing work with a view toward resolving any unknown issues early, and concluding settlement in accordance with the plan established by your contract and or your financing arrangement.

David has over 40 years of experience in the real estate field including real estate sales, mortgage lending, managing title company operations and settlements. Newlyn Title was formed in 1997 by David and Lynn Neubauer, in response to a void in the local marketplace for a company that could provide a high level of customer service and expertise behind the scenes that would be reflected in the client’s settlement experience.

Laura started with Newlyn Title when they opened their doors in 1997. Moving through the ranks as bookkeeper, processor and settlement officer she has experience is every aspect of the real estate closing. She has been involved in thousands of transactions and loves details. She enjoys building relationships and helping her clients step by step through each transaction.

SERVICES

Our highly trained staff, our focus on staying ahead of the curve in ordering, reviewing and completing work, combined with our expertise across the entire transaction results in resolving most issues early on. Our aim is a smooth and pleasant closing without last minute surprises.

Settlements and Title Insurance

When a homeowner is purchasing a home or refinancing a mortgage, they will contract with a local title company to insure they have valid title and actually own the land. To make this determination, title professionals search public records to find all the recorded documents that could affect a person’s ownership of the property. These documents could include deeds, mortgages, deeds of trust, easements, covenants, etc. A title professional then compiles these records into an internal company document called an abstract of title (or chain of title), which acts as a short history of the land and all the people who have an interest in that land. Abstracts of title are used by buyers, sellers, lenders, Fannie Mae, Freddie Mac and title insurance companies to determine who owns the land.

  • Buying a Home
  • New House
  • Refinance

When you purchase a house, you hold the title. This proves you are the legal owner. There are a number of unforeseen circumstances that can bring legal ownership into question—lost records, divorce, tax leins, conflicting wills, missing heirs and fraud. Title insurance will ensure your legal owner ship. When you buy your house and purchase title insurance, a title search is conducted and you are guaranteed to have clear title of your property. Your lender will also have title insurance and will no longer have a claim on your property when the mortgage is paid off. If a claim arises, the title insurance company is responsible for dealing with the cost and activities to fight the claim. When you are ready to sell your house, your title insurance guarantees you will have no problems.

Construction of a new home raises special title problems for the lender and owner. You may think you are the first owner when constructing a home on a purchased lot. However, there were most likely many prior owners of the unimproved land. A title search will uncover any existing liens and a survey will determine the boundaries of the property being purchased. In addition, a builder may have failed to pay subcontractors and suppliers. This could result in the subcontractor or supplier placing a lien on your property. Again, lenders want to be sure the property has clear title, and they are insuring the correct property. Purchasing an Owner's Policy will protect you against these potential problems and pay for any legal fees involved in defending a claim.

When you refinance you are obtaining a new loan, even if you stay with your original lender. Your lender will usually require a new title search and Loan Policy to protect their investment in the property. You will not need to purchase a new Owner's Policy; the one you bought at closing is good for as long as you and your heirs have an interest in the property.

Even if you recently purchased or refinanced your home, there are some problems that could arise with the title. For instance, you might have incurred a mechanics lien from a contractor who claims he/she has not been paid. Or you might have a judgment placed on your house due to unpaid taxes, homeowner dues, or child support for instance. The lender needs reassurance that the title to the property they are financing is clear.

Escrow Services

A financial instrument held by a third party on behalf of the other two parties in a transaction. The funds are held by the escrow service until it receives the appropriate written or oral instructions or until obligations have been fulfilled. Securities, funds and other assets can be held in escrow.

An escrow account can be used in the sale of a house, for example. If there are conditions to the sale, such as the passing of an inspection, the buyer and seller may agree to use escrow. In this case, the buyer of the property will deposit the payment amount for the house in an escrow account held by a third party. This assures the seller - in the process of allowing the house to be inspected - that the buyer is capable of making payment. Once all of the conditions to the sale are satisfied, the escrow transfers the payment to the seller, and title is transferred to the buyer.

  • Escrow Agreement
  • Earnest Money
  • Escrow Officer

A legal document that outlines the terms and conditions between parties involved in an escrow. An escrow agreement defines the arrangement by which one party deposits an asset with a third person (called an escrow agent), who will in turn make delivery to another party if and when the specified conditions of the contract have been met. It includes such information as language specifying the appointed escrow agent, and specific sections for each of the following: descriptions of any definitions pertinent to the agreement, the escrow fund and release of funds, and the acceptable use of funds by the escrow agent, the duties and liabilities of the escrow agent, the escrow agent's fees and expenses, and the jurisdiction and venue in the event of a legal action.

An earnest money deposit shows the seller that a buyer is serious about purchasing a property. When the transaction is finalized, the funds are put toward the buyer's down payment. If the deal falls through, the buyer may not be able to reclaim the deposit. Typically, if the seller terminates the deal, the earnest money will be returned to the buyer. When the buyer is responsible for retracting the offer, the seller will usually be awarded the money.

The escrow officer will process the escrow, in accordance with the escrow instructions, and when all conditions required in the escrow can be met, the escrow will be "closed." Each escrow, although following a similar pattern, will be different in some respects, as it deals with YOUR property and the transaction at hand. The duties of an escrow holder include: following the instructions given by the principals and parties to the transaction in a timely manner; handling the funds and/or documents in accordance with instructions; paying all bills as authorized; responding to authorized requests from the principals; closing the escrow only when all terms and conditions have been met; and, distributing the funds in accordance with instructions and porviding an accounting for the same – the Closing, or Settlement Statement.


What to expect at settlement
Produced by the American  Land Title Association

Newlyn Title Assurance Co., Inc.
1104 Butterworth Ct.
Stevensville, MD 21666
Voice: 410.643.7112
Fax: 410.643.7829
EMAIL: settlements@newlyntitle.com

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Directions to Newlyn Title Assurance Co., Inc.

From Annapolis and points West:
Take US 301/US 50 East across the Bay Bridge
Take Exit 38A South onto Thompson Creek Road
Go around the circle continuing on Thompson Creek Road
Turn right onto Marion Quimby Drive.  
Continue on Marion Quimby until Marion Quimby makes a left had turn.
Make that turn, then we are the second building on the left.
Sign over the door, parallel parking on the street.


From points East of Kent Island:
Take US 301/US 50 West before you across the Bay Bridge
Take exit 37 for MD-8 toward Romancoke/Stevensville
Turn left onto MD-8 S/Romancoke Rd
Immediately turn left to merge back onto US-301 N/US-50 E toward Easton
Take Exit 38A South onto Thompson Creek Road
Go around the circle continuing on Thompson Creek Road
Turn right onto Marion Quimby Drive.  
Continue on Marion Quimby until Marion Quimby makes a left had turn.
Make that turn, then we are the second building on the left.
Sign over the door, parallel parking on the street.