Navigating the homeownership process can be stressful and frustrating at times. The process itself is not an easy one, but it is quite rewarding once it’s all said and done with. Just think, after your close on your first home you have reached a life milestone. This is a time to be celebrating with your loved ones. But before we break out the champagne and cake, you have to have a title company you can trust on your side so you can close on the home. This is by far one of the most important parts of the entire process. Many people who are newer to the home buying process often ask us what exactly it is we do. This question has many parts to it as nothing involved in the home buying process is simple; however, our team at Expert Title Company has created this guide to help you and others understand how we can help you. Keep reading below to learn the ins and outs of Expert Title Company.
What Do Title Companies Do?
Expert Title Company and other title companies out there exist to help you ensure that the title to the home you are interested in purchasing is legitimate. This is a service that we do to protect you and make sure you are not getting involved in something fraudulent. While we check out the legitimateness of the title we also make sure to check out the title insurance. This is also done to protect you and the owner. The best way to look at us is as a third party who helps facilitate the entire process. The services do not end there though; we also play a role in maintaining escrow accounts and will do the formal closing on the home.
Maintaining Escrow Accounts
An escrow account is an account where the money is held that is needed for you to close on the home. This may sound like an unnecessary service; nonetheless, it is done to ensure the money in the account is used only for closing on the home. This may sound silly but without us to maintain the escrow account money could easily be used towards other things, which would cause problems to arise. With us, on the job, you are more likely to stay organized and have an idea of what the process will look like.
Formally Closing on the Home
We stick with you as far as the closing day. This is because we are the ones who can formally close on the home for you and the seller. We do this so that everything involved in the process such as money, the title, deeds, and all other documents are handed over securely and formally. Without a title company assisting in this process, there could be a bunch of mix-ups, fraud, and more posing a risk to the seller and buyer. On the formal closing date we, the seller, and the buyer will meet up at as location and exchange everything, During the time we will also make sure all of the information on the documents is filled out appropriately and successfully.
When you are looking for a title company to help you throughout the craziness that is the homeownership process, go with the company you can trust. When it comes down to it, we are the ones responsible for a lot of the valuable items and securing everything up until that final closing day, you cannot risk a company without any credibility holding onto your money and documentation. For something this large, it’s best to make sure you feel comfortable and able to communicate with the title company. Our team at Expert Title Company is here to help you and make you feel secure. We want to make sure the process makes sense and goes as smoothly as possible. There is nothing more stressful than doing something new, especially if this something is as large as a milestone as purchasing a home. This is why you need a title company there to guide you. To learn more about our services give us a call today at (954) 570-5959. We are looking forward to chatting with you!