What Can A Title Company Do For You?
There are so many ways that the manpower of a title company can help you finally close the deal on the real estate of your dreams:
- Title search and review – Title companies generally provide this information to each of the parties in the form of a preliminary title report, or commitment for title insurance. Title companies also provide title research information related to foreclosures and other types of legal action involving real property.
- Closing agent – In its role as agent, the title company obtains signatures on all of the closing documents, and the title company also receives and distributes payments related to the conveyance transaction.
- Acts as an escrow officer – The title company, acting as escrow officer, only releases the deed and the money according to the written instructions of the buyer and seller.