Fieldstone Title Agency

- 39 W 37th St, New York, NY 10018

Navigating the complexities of real estate transactions in New York City is a journey that involves numerous moving parts, from financing and legal paperwork to inspections and appraisals. In this intricate process, one of the most crucial elements that protects your investment is a clear and secure property title. This is where a professional title agency like Fieldstone Title Agency comes into play. While often a behind-the-scenes player, a title agency is an essential partner for both buyers and sellers, ensuring that a property can be legally transferred without any hidden encumbrances or claims. This article is crafted for New Yorkers to help them understand the vital role Fieldstone Title Agency plays and the services they offer to make the real estate process as secure and smooth as possible.

Fieldstone Title Agency is a specialized firm that focuses on the core services of real estate title and settlement. Unlike a general real estate brokerage that helps you find a property, a title agency’s primary purpose is to safeguard your ownership rights. They act as a neutral third party, performing a meticulous title search to uncover any potential issues that could cloud the ownership of a property. Such issues could include unpaid taxes, outstanding liens, unresolved mortgages, or even claims from previous heirs. Without a thorough title search, a new owner could inherit these problems, leading to significant legal and financial headaches down the road. Fieldstone Title Agency’s expertise in this area provides a critical layer of protection, giving both the buyer and the lender confidence in the transaction.

The importance of a reliable title agency in New York cannot be overstated. The city's real estate history is vast and complex, with properties that have changed hands many times over decades, if not centuries. This long history can create a higher potential for title defects to exist. Therefore, working with a local and experienced agency that understands the specificities of New York real estate law and public records is an invaluable asset. Fieldstone Title Agency's role is to meticulously examine these records and provide a clear path to closing. This level of diligence and expertise is what makes them a fundamental part of the real estate ecosystem, helping to bring peace of mind to what is often the largest financial transaction of a person’s life.

Location and Accessibility

Fieldstone Title Agency is centrally located at 39 W 37th St, New York, NY 10018, USA. This address places them in the heart of Midtown Manhattan, a convenient and professional location for clients from all over the city and beyond. Being in Midtown, their office is easily accessible via a multitude of subway lines, including those that service the nearby 34th Street-Herald Square station and Times Square-42nd Street. The proximity to major transportation hubs makes it simple for clients, their real estate agents, attorneys, and lenders to meet for settlement and closing services.

The central location is not just about convenience; it is a strategic choice that reflects their deep integration into the New York real estate market. It allows them to be a central point of contact for all parties involved in a transaction, ensuring a smooth and coordinated process. For any New Yorker involved in a property purchase, having a title agency with an office in a familiar and easy-to-reach neighborhood can alleviate some of the stress associated with the closing process. Their presence in a prominent business district underscores their professional standing and commitment to serving the NYC community.

Services Offered

Fieldstone Title Agency provides a core set of services that are essential to securing a real estate transaction.

• Title Insurance: They issue title insurance policies that protect against financial loss due to defects in the title to a property. This includes an owner's policy, which protects the buyer's equity, and a lender's policy, which is often required by a mortgage lender to protect their investment. This one-time premium provides coverage for as long as you own the property.
• Settlement Services: The agency facilitates the real estate closing, also known as settlement. They act as a neutral third party to ensure all documents are properly signed, all funds are correctly disbursed, and the title is legally transferred from the seller to the buyer. This includes managing escrow accounts to hold and distribute funds.
• House Legal: While they are not a law firm, a title agency’s work is deeply intertwined with the legal aspects of real estate. They provide the legal due diligence necessary to ensure a clear title, working with attorneys and lenders to resolve any issues that may arise from their search of public records. This involves checking for liens, easements, and other legal claims on the property.

Features and Highlights

The core value proposition of a title agency is its ability to provide security and peace of mind. Here are some of the key features that make Fieldstone Title Agency a valuable partner.

• Specialized Expertise: Unlike a general-purpose real estate firm, their focus is on the critical elements of title and settlement. This specialization means they have a deep understanding of the legal and procedural nuances that can make or break a transaction.
• Risk Mitigation: Their services, particularly title insurance, are designed to protect against unforeseen financial and legal risks. In a market like New York City, where property history can be complex, this protection is absolutely essential for buyers and lenders.
• Neutral Third Party: During the closing process, the title agency acts as an impartial facilitator. They represent the transaction itself, ensuring that the interests of all parties—the buyer, seller, and lender—are protected. This neutrality helps to ensure a smooth and equitable closing.
• Streamlined Closings: By managing the multitude of documents, funds, and legal requirements, they help to streamline the closing process, which can otherwise be an overwhelming and confusing experience for a homebuyer.

Contact Information

For those in New York City who are in the process of buying or selling property, Fieldstone Title Agency can be contacted at the following:

Address: 39 W 37th St, New York, NY 10018, USA

Phone: (212) 710-9400

What is Worth Choosing

Choosing a title agency is a critical decision in any real estate transaction. What makes Fieldstone Title Agency a worthy choice for New Yorkers is their specialized expertise and their central role in providing financial and legal security. In a city where property values are high, the cost of a title defect can be staggering. Fieldstone Title Agency provides an essential service that protects your investment from potential future claims that were not discovered during the initial title search. Their title insurance policies are a one-time purchase at closing but provide protection for as long as you own the property, offering long-term peace of mind.

Furthermore, their ability to act as a neutral third-party settlement agent ensures that the closing process is handled with the utmost professionalism and fairness. They are responsible for making sure all financial and legal obligations are met before the transfer of ownership is finalized. This is an indispensable service, as it prevents costly mistakes and ensures that the transaction is conducted according to all legal requirements. For any person or business looking to buy or sell property in New York, Fieldstone Title Agency offers the professional, secure, and expert service needed to navigate the final, crucial stages of a real estate transaction with confidence.

Fieldstone Title Agency

39 W 37th St, New York, NY 10018, USA