Even though no one enjoys paying insurance premiums, anyone who’s had to file a claim understands why it is a must. People buying and selling homes don’t always fully understand the critical importance of title insurance, but we in the business know, and we would love to explain your title insurance policy to you.
When you’re buying or selling a home or an investment property, there are a lot of real estate title companies to choose from. With all of the title service preparations that have to take place between an accepted offer and closing, the key to a smooth sale is to select a company that you can trust. Unfortunately, many real estate companies and financial institutions have chosen to offer one-stop shops that purportedly provide comprehensive title services even though these operations are often only and add-on revenue opportunity and not the primary business purpose. Additionally, there’s also an increasing trend of handling customer service through overseas call centers staffed with personnel who have never spent any time in your community, and that you will never meet in person. Do you really want to put one of the most important business transactions of your life in their hands?
Most homes and land have been bought and sold many times before you decided to make the offer, and have a lot of history. In some cases, there might be some actual written history, but most of the time, the title history and property records are all that’s left to tell its story. As the buyer, you definitely have a vested interest in knowing that story.