What Does the Title Company Have to Do with Your Home Sale?
What exactly does a title company do? Here we’ll break down their responsibilities in plain terms and explain what each step means for sellers.
A title company wears a lot of hats over the course of a home sale. Oftentimes, the title company involved must undertake extraordinary work to address title issues that can go back 50 years or more.
Depending on the state, title companies also issue insurance, hold onto funds and paperwork in escrow, and serve as closing agents.
It can be tough to remember who does what and keep all the terminology straight. So, let’s break down each responsibility in plain terms, including how title companies will: