A real estate transaction of any kind is a big deal, and you want to ensure all parties involved are qualified. A reliable title company can be an incredible asset for many different reasons.
Local is Best
When dealing with real estate, all parties involved in the transaction must be working with the knowledge of local laws and regulations. A reliable title company will know the area and how to contact and work with all local municipalities. The title search process is reliant on local resources. You don’t want to work with a title company that is unfamiliar with the area. A reliable title company will most likely have experience working with local attorneys and have a reliable network of resources.
Protecting the Escrow
Your client is going to be handing over a lot of money during the transaction. The title company’s internal controls, procedures, and delegation of duties are essential to safeguard both the buyer’s and seller’s funds. A reliable title company must have the proper controls in place to protect the escrow in the real estate transaction. If you would trust the title company with your own money, it’s probably safe to say you can trust them with your client’s money.
Call Innovative Title today for a reliable, neutral title company you can trust for your real estate transactions. We’ll be happy to answer any of your questions!