Maryland Trust Title & Escrow

Business Details

Your Trusted Real Estate Settlement Partner in Maryland

At Maryland Trust Title & Escrow, we have handled thousands of real estate transactions across Maryland and Virginia, specializing in a wide range of settlements including purchases, refinances, commercial loans, and construction financing. Our team of experienced professionals is committed to ensuring a smooth and efficient settlement process by proactively identifying and resolving potential issues before closing. As an attorney-owned company, we leverage our legal expertise to provide unparalleled service and accuracy in all transactions. Our affiliation with Commonwealth Land Title Insurance Company grants access to extensive resources and industry-leading title insurance solutions. We pride ourselves on hiring superior staff and equipping them with the tools and training necessary to deliver exceptional service.

With five convenient locations across Maryland, we serve clients in Anne Arundel, Calvert, Charles, and St. Marys Counties, as well as Ocean City. Our mission is to take care of every settlement detail, from ordering title abstracts to coordinating closing dates and providing comprehensive settlement sheets in advance. Backed by the legal professionals of Davis & Palumbo, LLC, we ensure every transaction meets the highest standards of professionalism and reliability. Our dedication to excellence has made us a trusted partner in real estate settlements since our founding.

Services

Real Estate Settlements Title Insurance Commercial Transactions Refinancing Services Construction Loans Home Equity Loans 1031 Exchanges Short Sales Reverse Mortgages Settlement Process Guidance

Highlights and features

We handle thousands of Maryland and Virginia real estate transactions annually.
Our team proactively resolves settlement issues before closing.
Attorney-owned with legal expertise in real estate transactions.
Affiliated with Commonwealth Land Title Insurance Company for comprehensive coverage.
Five convenient locations serving Maryland's key counties.

Website

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Services

Real Estate Settlements

We manage all aspects of real estate settlements, ensuring smooth transactions for buyers, sellers, and lenders. Our team coordinates title examinations, lien resolutions, and document preparation. With proactive issue identification, we guarantee accurate and timely closings for residential and commercial properties.

Title Insurance

As agents for Commonwealth Land Title Insurance Company, we provide comprehensive title insurance policies. Our services protect property owners and lenders against title defects, liens, and ownership disputes. We offer both standard and enhanced coverage options for residential and commercial transactions nationwide.

Commercial Transactions

Specialized settlement services for commercial real estate deals, including office buildings, retail spaces, and industrial properties. We handle complex title examinations, zoning compliance, and multi-party coordination. Our legal expertise ensures regulatory compliance and risk mitigation for large-scale transactions.

Refinancing Services

Streamlined refinancing solutions for homeowners and businesses. We coordinate mortgage payoff calculations, title searches, and document preparation. Our efficient process minimizes delays while ensuring compliance with lender requirements and state regulations for residential and commercial refinances.

Construction Loans

Dedicated support for construction loan settlements, including disbursement management and lien resolution. We work with builders, lenders, and homeowners to ensure proper documentation throughout the building process. Our services cover both residential and commercial construction projects.

People

Mark Palumbo

Co-Owner

Mark Palumbo, co-owner of Maryland Trust Title & Escrow, is a seasoned attorney and partner at Davis & Palumbo, LLC. With over 30 years of legal experience, he specializes in real estate law and estate planning. His expertise ensures accurate and compliant real estate transactions.

Mark Davis

Co-Owner

Mark Davis, co-owner of Maryland Trust Title & Escrow, brings extensive legal knowledge as a partner at Davis & Palumbo, LLC. Since 1988, he has handled diverse cases including family law and real estate transactions, contributing to the company's commitment to excellence in settlement services.

Questions

What real estate services do you offer?

We provide real estate settlements, title insurance, commercial transactions, refinancing, construction loans, home equity loans, 1031 exchanges, and short sales across Maryland and Virginia.

Are you affiliated with any title insurance companies?

Yes, we are agents for Commonwealth Land Title Insurance Company, offering comprehensive title insurance policies for residential and commercial properties nationwide.

How do you ensure smooth settlement processes?

Our experienced team proactively identifies and resolves title issues before closing, coordinates with all parties, and provides settlement sheets in advance to address any concerns.

What areas do you serve?

We serve Maryland with offices in Prince Frederick, La Plata, California, Annapolis, and Ocean City, handling transactions throughout Maryland and Virginia.

Is your company attorney-owned?

Yes, our company is co-owned by attorneys Mark Palumbo and Mark Davis, who bring over 30 years of legal expertise to ensure accurate and compliant real estate transactions.

Reviews (5)

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Caitlyn Maness

Jan 14, 2021 Report

Positive:Professionalism,Quality,Responsiveness,Value
Maryland Trust Title & Escrow is a phenomenal company to work with; always timely and professional.

Hannah Lee

Jul 21, 2019 Report

Horrible! Horrible! Horrible! Property sales amount on Form 1099 was wrong. My capital gain tax for sales of rental property amount on my tax return will be audited by IRS due to this incorrect amount on Form 1099. Anyone want to be audited by IRS?
Mailing address on Form 1099 was wrong. Mortgage pay off account number was wrong. Anyone want to pay off someone else's mortgage with your money?

Beth Chaaya

Jun 13, 2019 Report

Sitting at the table on settlement day, we had to have docs reprinted because the mortgage company listed for payoff, wasn't our mortgage provider. Then, I had to call 2 days after settlement to ask where my proceeds were because we hadn't gotten them. I had to send multiple emails about funds held in escrow for a water bill only to find out they sent the request for the reading to the wrong place.

So the reading did not take place until 2 weeks after we had moved and already settled on our house. Even better is the part where I had to argue with them that I was not responsible for the days I didn

Diana Jackson

May 10, 2019 Report

Absolutely professional.....Makes settlement a breeze. Jennifer Denton is truly a please to work with.

Roxanne Hollingsworth

Sep 01, 2017 Report

Had the pleasure working with Jeff Burgess again. A truly personable and caring person! I recommend him highly!