What To Ask a Title Company

Whether you choose your own title company or let a real estate agent pick one, you must hire a reliable company.

A title company conducts a thorough title search to ensure that the property you purchase is legally transferred to your name from the seller. It is a crucial part of the purchase and should never be undermined. So, how do you know which company to pick? By asking questions, of course!

questions people ask title companies

Read on to learn the five most common questions people ask title companies.

1.     How Does Your Company Conduct Title Searches?

There are different ways to conduct title searches. Some are easy and quick, while others can be difficult and take more time. You must understand how your title company tackles complex searches. You should also ask how long the search can take, especially when the searches are complicated. Generally, they take around two weeks.

2.     Do You Disclose the Results of the Title Searches?

Title companies must always disclose the findings of the searches. Anything found during the process must be recorded, and the documents are directly given to the clients.

3.     How Experienced Are Your Attorneys?

The attorneys at title companies play a key role in the outcome of the searches. It is essential to ask about their experience in real estate settlements. The more experienced a lawyer is, the better they will handle your situation. Moreover, they can also produce results a lot quicker than inexperienced individuals.

4.     What is Your Company’s Claim Rate?

A title company’s claim rate should always be 5% or less. If the figure is above 5%, you should never choose that company.

A low claim rate reflects the capability and reliability of a company. It shows that they do a thorough job and are great at resolving issues if anything does come up.

5.     How Responsive Are Your Workers?

There is nothing more unprofessional than an unresponsive title company. Make sure that the company you choose immediately responds to your queries. Always ask about their mode of communication. Do they respond to calls, emails, or texts? A reputed company always accommodates any mode of communication to ensure customer satisfaction.

Work with JD Title & Escrow Services

If you want a reliable title company that conducts thorough title searches, JD Title & Escrow Services should be your go-to option. We offer the best services and ensure all your queries are answered before you choose to work with us. Call us today to benefit from our free consultation. Dial 239-984-5028 or email us at [email protected] for more details.