The Facts about Title Companies For Golden homes for sale
As a Real Estate Agent I have helped lots of people choose title companies over the years. Whenever I’m working in Golden co real estate I’m always surprised to learn that a lot of Sellers don’t realize they can choose the title company that plays an integral role in managing the closing process and even performing the actual closing. Granted, most listing brokers have established relationships with title companies built after years of (hopefully) positive experiences and most listing brokers in Golden homes for sale will strongly urge their clients to use whichever title company they are used to. However, in today’s crazy real estate market where every dollar of closing costs, every simple delay and every hiccup in the closing process can be the difference between closing the deal or losing the Buyer-it is more important than ever to choose a great title company.
Normally in horse property real estate a title company performs a bunch of functions and is relied upon by both real estate agents (those representing Buyer and Seller or transaction agents) as well as Buyer and Seller to put together all of the responsibilities outlined in the Purchase Contract including researching the various taxes and much more.
Early in my career I sawthe importance of a title company which professionally manage the deal with proactive troubleshooting, consistent attention to detail and a high level of service.
Now running a team of brokers working in Equestrian property I have the luxury of hand picking a title company from the many of options available.
Since every one of my clients is managed as though it’s the most important transaction in the world – since it undoubtedly is for the people involved in it, I work with the best of the best professionals to be sure every aspect of the transaction is handled at the highest level possible. So let me share with you the four key points to consider when choosing a title company that I use in Equestrian property:
Reputation and history- For sure in this industry, history repeats itself. Lazy brokers may continue to make mistakes based on lack of knowledge while top performing brokers continue to provide excellent service through established efficient systems and processes. In the same light title companies who drop the ball undoubtedly have a pattern of having dropped the ball in the past. Ask your friends and family, other real estate agents in your office and mortgage brokers for their good and bad testimonials. Since Title companies, at least in Equestrian property are similar to insurance agents in the sense that you are not actually buying the insurance from the title company the biggest consideration in reputation is their ability to consistently take your calls, return your calls and provide intelligent, accurate answers promptly. When a title rep. (sales rep.) takes you to lunch, ask what the bulk of their experience is; is it from new construction purchases, commercial transactions, land sales, refinances, for sale by owner or brokered resale.
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April 12 2009 12:32 am | Real Estate
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