Wire fraud?Why do you need to know about wire fraud? For the last several years it has been on the rise. When doing a real estate transaction many people will wire funds directly to the title
What Does A Title Company Do
Dated: January 9 2017
Views: 854
What does a title company do?
When you purchase a home, a title company will research the property to ensure that you are the rightful owner. They’ll look through records for anything that might cause problems—ownership disputes, restrictions, unpaid taxes, liens, and more. Their goal is to document the chain of title and identify any issues that could become major problems down the road.
At the end of the process, the title company issues a title opinion. This is a legal document that states that the title is valid. The title opinion is part of obtaining title insurance. The insurance protects both the owner and the lender if there is a title dispute. If another party is actually the rightful owner of the home, your title insurance protects you from financial loss.
In addition to title opinions and title insurance, title companies also handle escrow accounts and distribute money to the appropriate parties at closing. They’ll also deliver closing documents to the appropriate agencies.
Rich Conrad
One of my primary goals in real estate is to assist buyers in finding the home of their dreams and help sellers sell their home in the quickest time possible, and at the highest price (while minimizi....
Latest Blog Posts
Looking for senior care can be stressful and confusing, and you may be unsure where to start. Whether you’re looking for a senior living community or help with in-home care, Caring.com can help
I have teamed up with a lender who can now help out my veterans with lending if they have a 500 FICO or higher! For so lenders would only do a VA loan with a 600 or higher so I went on the
So I've been trying to find products that think outside the box. Something that can help the clients that built my business several years ago. My renters were a big part of my start!;
© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Information deemed to be reliable but not guaranteed. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Only IDX residential listings are displayed on this site. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose
