BUILDERS

Michigan Bankers Title of Mid Michigan is aware of the struggle involved in the building process due mainly to the domino effect of relying on others to complete the build. Deadlines can be delayed and may be costly. By contacting us in the early stages of the build we can:
- Make you aware of any title problems.
- Promptly assist with the completion of a transaction that may have been seriously delayed.
- Our office will help you establish ownership rights to assure local government that a project may proceed as planned, which normally expedites plat approval.
- Promptly furnish title for individual lots in a new development.
- Provide self-calculating sworn statements in an Excel spreadsheet format.
- Provide lien waivers.
Our underwriter will insure titles to individual lots in a development on a mass production basis, often at a reduced rate, so new Owners title policies can be promptly furnished to home buyers after updating the title work, rather than following extensive and time-consuming back searches upon the issuance of each policy.
To place an order for title insurance through our company, click here to complete an order form and fax your order to the Agency.
Below are links to procedures and forms available to those builders we are working with. Call our office if you would like to work with us on your construction transactions!
**By clicking on each document name, you can launch the document for printing purposes. Alternatively, you can right-click on each link and select Save Target As... to save a copy to your computer.
PROCEDURES/INSTRUCTIONS:
Construction Draw Procedures
Sworn Statement & Waivers - Instructions
FORMS:
Indemnity Agreement for Construction Loans
Notice of Commencement
Notice of Furnishing
Owner-Designee Affidavit
Sworn Statement - Excel spreadsheet
WAIVERS:
Waiver - Partial Unconditional
Waiver - Full Unconditional
Waiver - Partial Conditional
Waiver - Full Conditional