Any realtor, homebuyer, or mortgage broker has to deal with a title company at some point in the home-buying process. To ensure you are partnering with the best possible title company, be sure to ask them some questions about their service. While there are obvious considerations which come to mind, here are some of the top questions to ask when evaluating your title company.
How Much are your Fees?
Believe it or not, fees aren’t standard across the industry. Some title companies charge much higher fees than others. This isn’t to say their services aren’t worth it as some title companies provide excellent services making them well worth the money. That all said, if you’re evaluating multiple title companies then their fees should be one consideration. Here at Armour Title Company, we offer the lowest fees in the industry—just fill out our free quote form and let us prove it to you!
How Do Your Reviews Look?
Ultimately this question should be something you don’t ask the company directly. Instead, head online and check out their business reviews on places like Google or Facebook. These review sites are where you will find the honest reviews of a company. Don’t discredit anyone for a few bad reviews though: see how the business responds to bad reviews. If they are timely and help to resolve any issues than this can be seen as a good thing.
What Types of Mobile Closing Options do Your Provide?
The ability to close on your home anywhere in the U.S. at any time is a game changer. Check with your title company to see how technology-forward they are to ensure they can assist you with closing on your home at any time and no matter where you are. This could be the difference between closing a deal on time or not.
What are Your Service Hours?
See if they have someone on staff 24/7. This can help you to speed up a closing process for your new home or your client’s new home. As any realtor or mortgage broker will tell you, time really is money in the real estate business.
For more help with hiring the right title company, or to ask these questions of us, give us a call today! Or, if you prefer, fill out the form on our website and we’ll get in touch with you.