How To Select a Title Company? (Video)
How to Select a Title Company? (Video Transcription)
Hi, my name is George Bellville. I’m a realtor in Maryland, and I’m making this video because I want to discuss how you should select a title company when you’re purchasing a house.
First of all, for those of you who don’t know, a title company or settlement company gathers all the information, contracts, and money for the transaction. They ensure that the property owners have clear title to the property and the standing to sell it. It’s a crucial role, and it’s important to choose a good title company. Most of the time, you’ll use a title company suggested by your agent or loan officer because they know the reputable ones from the less reliable ones.
Some title companies can be slow and create unnecessary stress. Your agent and lender will know which ones to avoid. While there are set fees for title insurance determined by the state, it’s still worth comparing costs and services. You can ask for recommendations from family or friends and get estimates from different title companies to ensure you’re getting the best service at the best price.
If you have any questions about title companies or need more specific information, feel free to contact us. Have a great day. Bye.