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A title company helps to ensure that components of your real estate transaction are legal and problem-free. Through research, insurance and careful coordination, they make sure that the title to a piece of property is transferred legally and correctly from the seller to the buyer.What do title companies and what do they do?
What Does a Title Company Do? Do a title search into the legitimacy of a deed to a property. Act as the escrow agent, holding deposits and other payments until the transaction is completed. Title Company Ensures the Seller is Legitimate and has Maximum Rights to Sell the Property. More items...What is the purpose of a title company?
Title Company is a company involved in examining and insuring title claims for real estate purposes. The company verifies ownership of real property and determines the valid owner through a thorough examination of property records in a Title Search. The title company usually does an abstract of title.What does a title company do for the seller?
Title companies help sellers transfer their titles, and they help buyers take possession of titles. Title companies also conduct title searches for any existing claims on properties, prepare title insurance for sellers, and maintain necessary escrow accounts for sellers and buyers.