Remember: you have a choice in title.
If you have made an offer on your dream home and are ready to take it off the market, congratulations! You’re on your way to becoming a new homeowner. However, the battle for a smooth close has only just begun. One of the most crucial teammates you can have on your side is a reliable and knowledgeable title agent.
Before hiring a title company to guide you through the home buying process, it is essential that you formulate the right questions to acquire all of the necessary information and feel confident in your decision. Our title experts explain exactly what to ask before choosing a title company. (And we’ll be honest, hope it helps you choose us.)
Why the Right Questions are Important
Unfortunately, there are many title agents who won’t disclose all details concerning the home or property under investigation. When it’s already too late, you may find the property is not legally owned, has unresolved liens, or faces development restrictions.
Before deciding on a title agent, do your due diligence. You should feel confident that you’re choosing the right company for the job, since it dramatically affects the level of stress you will feel throughout the homebuying process. Ask your real estate agent, mortgage company, or even insurance agent if they have any recommendations; after all, they know how important it is for the closing to go smoothly.
What to Ask a Title Company
If you’re unsure of the questions to ask during a consultation with a title insurance company, whether that’s True Concept Title or another firm, the following questions will help you gauge the transparency of the business and bring potential red flags to the surface.
How Long Has the Agent or Company Worked with Real Estate Matters?
Understanding the history and previous experience of both the specific agent and the company is necessary in order to make the best decision. When adequately analyzed, a company’s history can help you determine if they are trustworthy and have reliable results.
A title business should ideally have a diverse portfolio of successful closings and cases to guarantee dependability and dedication.
Does the Team Have the Required Capabilities in Order to Deliver?
The company you choose to work with should have a strong collective expertise in the broad world of real estate. It’s particularly resourceful to work with a team that has strong legal knowledge and has dealt with a variety of real estate matters.
Legal experts will be able to catch illegality issues during any part of a property’s title history. They should also be able to uncover any pending backdated taxes.
Our team at True Concept Title has the qualifications to provide notary and attorney services, loan document processing, comprehensive title reports, and seamless closings. Whoever you choose to work with, they should have all of these competencies.
If you are looking for a reliable, fast, dedicated, and discerning team, True Concept Title is ready to help you with title & escrow concerns in nearly any U.S. state. We want to hear from you! Contact us today.
Before Signing a Title
You should never feel rushed to select or sign a title. Once you provide your signature on a title document, you are accepting legal ownership of that property- and potentially risk running into trouble if you don’t proceed with caution. This is why the right title insurance company is crucial to protect yourself and your new home.
Is the Property Legally Owned?
Determining if a property is legally by the seller is a good enough reason to request a valid title search. Easily avoided legal battles from purchasing a corrupted title could end up costing you a huge chunk of change or even your home. True Concept Title can protect you from this with a thorough title investigation.
Are there Hidden Liens or Unpaid Taxes?
Unfortunately, there are property owners who intentionally fail to pay property taxes, allowing them to pile up to massive sums before “conveniently” deciding to sell. If you act too quickly when purchasing a home and are unaware of the importance of a title search, you may be sucked into owning a home that is in debt to the government or businesses (ex. Roofing or pool companies).
A professional closing agent will ensure transparency and detect any of these issues before they cause you substantial problems.
Go With the Best at True Concept Title
Your title agent that you decide to work with should have the qualifications to guide you through a hassle-free homebuying process. Through dedication and transparency at the core of our values, we will make sure your new home is transferred to you with legal ease and protection.
Make sure to ask the right questions in your “interview” with a title insurance agent. Don’t hesitate to turn away from any red flags or signs of unprofessionalism.
True Concept Title offers a range of services nationwide from title insurance and escrow to document processing and convenient mobile closings. If you’re ready to move on to the next adventure, call our team today – (813)-263-7168!