QUESTION: Who is entitled to select the Title Company in a transaction? Buyer, Seller or totally negotiable? Who is designated to select the closer? If Buyer, where in the contract does it state that? ANSWER: Selection of both the title company and the closing company is subject to the …
The Commitment should ALWAYS be reviewed in its entirety. A quick scan could cause you to miss important information that could delay the close of escrow. In most cases, when liens or clouds on title are discovered early in the process the Title Officer can work with the parties …
Common Ways to Hold Title Title to real property may be held by a single individual or entity, known as Sole and/or Separate Ownership, or by two or more individuals and/or entities known as Co-Ownership. Following is a brief list of common ways to hold title. Ownership and tenure of …
What Every Realtor Should Know About Title Insurance The process of buying a home is complicated. Consumers can become confused and frustrated with the mounds of paperwork and documents to sign. Fees show up at closing that can sometimes surprise the buyers. Title insurance is one of those charges least …
