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The title company you select will play an important part in your home buying process. Purchasing a new home is a huge milestone and financial move in an individual's or couple's life. Not only is a condominium, townhouse, or single family home a huge investment of money, it is also the place where a family will eat, sleep, laugh, and live for many years to come. Making sure the process of achieving home ownership goes as smoothly as possible will take a savvy realtor, escrow officer, and if a loan is involved, a mortgage company. The title company professionals will be the ones assuring that there are no liens that need to be paid off and that the seller is legally able to sell the property. This process will result in a policy that will guarantee these legal aspects and more. The title company should have a topnotch reputation. The most reputable companies have earned their good names by doing the best job possible consistently. This means that they are reliable, detail oriented, and known for getting their work done in a timely manner. These professionals will be sifting through legal documents, dealing with bankers, deadlines, stacks of paperwork, and much more. They earn their reputations by doing what they say they're going to do and dotting their i's and crossing their t's. If one of these trusted team members forgets something or makes a big mistake, there will be legal ramifications. An escrow officer is the person you'll be dealing with during your property transaction. This individual should be a good communicator with you and the others involved in the sale. The individuals involved in a real estate transaction include: buyer, seller, real estate agents for both parties, mortgage company or bank. This person will need to be both an effective communicator and a calm one. Most deals have at least a few glitches along the way. Being able to stay on top of the process, keep all balls in the air, and keep everyone fairly happy is going to take a person with some finesse. If your escrow officer avoids calls, is cranky, or calls in sick a lot, it's going to make a bumpy process even bumpier. It's perfectly acceptable to get references before settling on just anyone to handle the most important business deal you may ever make. Check into the fees of competing companies. Not all costs are alike so it's best to ask up front and compare prices. It's a wise move to ask about each and every line item on your settlement estimate, too. If you don't understand something, be sure to ask for clarification. There are no stupid questions. Also, it would be smart to bring out your calculator and add everything up yourself. Humans make mistakes and it's best to catch them before the deal funds so they can be corrected. Buying a home is an important milestone in a person's life. It's important to assemble the best team possible: your real estate agent, your mortgage lender, and the escrow officer of your title company. Purchasing a home? Learn more about the help you can get from a Title Company Troy, MI like Liberty Title at: http://www.libertytitle.com.
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