Let First National Title Company Guide You to a Smooth Property Closing

While there are people that decide to go it alone through online services when buying or selling real estate, experts caution against a completely solo act.

If you’re willing to put in the time and effort to find a potential buyer – often no easy feat – it is wise to then hand over the reins to a closing company. Reputable firms like First National Title Company (FNTC) can handle all of your title, closing and escrow services.

While providing the security of knowing your deal is being handled properly, using a title/closing company takes the headache from requirements that go along with a sale. In addition, title, closing and escrow services can be more complicated than you think.

Still not convinced? Here are some other very good reasons to use a title/closing company:

1 Just about everyone who sells a home uses the services of a title/closing company, which handles most of the documentation involved. You get your deal closed with one third-party vendor that provides title insurance, escrow, and closing services. So with all that you get out of working with a title/closing company, it’s most often the most efficient and affordable option.

2 One of the key roles of a title/closing company is providing insurance for both the lender and the buyer, and to do that a search must be conducted to prove no one else has a claim to the property. This process is called a title search, whereby the history of the title is examined. This information is then used to ensure the buyer gets a clear title.

3 Escrow services are also an important function in closing real estate transactions, and this service involves the handling and safekeeping of all money involved in the transaction. Title/closing companies ensure that the funds are properly disbursed to the correct parties upon the settlement of the transaction.

4 Recording certain documents (e.g. deeds and mortgages) to ensure the transaction legal and valid, is another service provided by the title/closing company.

If you are ready to get started, FNTC is here to help! Call any of our offices listed below, or contact us on our website for more information.