Title insurance is an important aspect of purchasing a property and can be confusing with all the moving parts within a real estate transaction. A title company is your advocate and has your best interest at heart. This means it can handle several issues for you related to real estate purchases.
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5 Tips for Choosing the Best Title Company for Your Needs
When you're ready to buy a house or refinance your mortgage, you'll need to choose a title company. A title company's job is to ensure that the property you buy is free of liens or claims. They will also oversee the closing process and ensure all the paperwork is in order. With so much at stake, choosing the best title company for your needs is...
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Why You Should Use Title Services for Buying or Selling a Property?
The real estate market is booming and this is bringing in lots of scammers. They will claim to be the owner or a prospective buyer and convince you to wire them money to close the deal. In the last year, 13,638 people were victims of this fraud and it led to losses of $238 million. This is the fastest growing segment of cybercrimes.
What Is the Purpose of an Escrow Agent?
Escrow is a way of transferring money, goods, or property from one party to another. An intermediary holds the money, goods, or property until the transaction gets completed and delivered. An escrow agent is an individual or company that performs this function for other people. Here are the roles and responsibilities of escrow agents in Fleming Island, FL.
Prevents Fraud