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Who chooses the title company in real estate sale

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If you live in Texas, both the buyer and the seller can opt to negotiate for their choice of title company. The seller used to pay for the title policy due to the seller being contractually obligated to provide a good title to the buyer. However, that is no longer the case.

Who decides which escrow company to use?

The choice of an escrow agent is usually agreed upon by the principals in the real estate purchase contract. While a seller might choose one company and a buyer may select another firm, they must ultimately agree on the specific escrow holder.

Is it better to use a local title company?

Think about if any issues arise prior to – or even after the closing – a local company can generally handle any issues rather quickly as they don't have to check in with the out of state office before making any major decisions. Time can be a valuable commodity in the world of real estate closings.

Who chooses title company buyer or seller in Ohio?

In Southwest Ohio, Northern Kentucky, and Eastern Ohio, the buyer typically chooses the title agency.

Who selects title company in Texas?

The accepted business practice in central Texas is for the agent working with the buyer to select a title company and include the selection in the offer made to the seller.

Who chooses title company in Michigan buyer or seller?

Seller In Michigan, the buyer and seller may each choose their own title company to represent them at the closing and issue the title insurance.

Why use a local title company?

Up-to-date knowledge on local laws: Statewide title companies deal with local laws through nearly all their operations, so no one will be more familiar with modifications that could affect the real estate process.

Frequently Asked Questions

Who chooses title company buyer or seller in Michigan?

Seller In Michigan, the buyer and seller may each choose their own title company to represent them at the closing and issue the title insurance.

Who pays for the title company in Texas?

In Texas, the seller traditionally pays for title insurance. Your coverage will protect you against errors in the public record, undisclosed liens, and forgery.

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