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Tuesday, February 4, 2014

Title Companies: Crucial to Real Estate Transactions

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Title companies are often misunderstood by consumers, but don't be frightened by what you don't understand. They're here to help you!
 - Title companies dig up information about a property such as: finding all former owners & sellers to ensure a 'clean' property without any unpaid mortgages, or unpaid taxes or bills that would affect a sale.

 - They interact with lots of different parties, like title insurance companies to ensure coverage against hidden defects not found in the title search. Realtors, buyers, sellers, loan officers, surveyors, and homeowner's associations are coordinated with to ensure that all fees have been paid off.

 - Choosing a good title company is important, so be sure to communicate with your realtor often about making the right choice. Title companies with attorneys are ideal if something blows up during the settlement, and as always, be sure to pick an experienced team of real estate agents and Title processors.

The Gresh Group works only with the best title companies, lenders,law firms and all parties involved in the process to ensure that your transaction will be as smooth and stress-free as possible. Be sure to talk to me about choosing the right title company. It will make all the difference!