No matter how many years that you’ve spent in your home, when it comes time to sell it, the process can be overwhelming. It was the place where you created a lot of memories with your family and friends, and when you’re making a change to a new home, it can be a little bittersweet.
It doesn’t matter what the reason, when it comes time to sell your home, most of us get a little emotional. After all, your home is the place where you’ve created memories with your family, and the place where you wound down after each long day at work. You don’t want to put that sort of transaction in the hands of just any realtor or title company. You want to find someone that you can trust. And if the idea of working with someone at an overseas call center that you can only reach by telephone bothers you, you’re definitely not alone!
Real Estate transactions aren’t totally different from any other retail or service transactions, but the stakes are typically a lot higher, as is the sales price, and the amount of documentation that must be prepared and filed. But your mother didn’t raise a fool, and you shouldn’t discount your instincts when looking for a title insurance agent or shopping for a title insurance policy. When it comes to closing services, title searches, and land title insurance, you owe it to yourself to leave no stone unturned when looking for a provider.
Buying a home is the biggest business transaction in most people’s lives, and involves many decisions, details, and professional services. The average consumer purchases 3-5 homes in their lifetime, and most will tell you that the process is no less complicated for their last home as it was for their first.
As closing approaches, there are many preparations to be made, and papers to sign. You can generally assume that all parties are operating in good faith, but even so, it is possible to turn up a defect when doing a title search (commonly referred to as title clouds). When that happens, the sale cannot proceed until the cloud is resolved, possibly resulting in lengthy delays and exorbitant legal fees.