Brokerage Reminder: What’s your title?
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When choosing a title company to work with, what quality is most important to you?
- Customer Service (79%, 37 Votes)
- Loyalty (11%, 5 Votes)
- Price (9%, 4 Votes)
- Kickbacks (1%, 1 Votes)
Total Voters: 47
You know the process: your buyer’s offer has been accepted, and it’s time for escrow to order title insurance. Before you move on to your next deal, stop and think: will this “routine” coverage fit every buyer?
Here are some basics to consider:
A title insurance policy indemnifies — reimburses or holds harmless — an owner (buyer) against a monetary loss caused by an encumbrance on title. [Calif. Insurance Code §12340.1]
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About The Author
Fernando Nunez
is first tuesday's in-house Broker Consultant. Fernando has over 20 years' experience in California real estate, including the single family residence sales, mortgage loan origination, investment properties and commercial leasing. Fernando assists the editorial staff with real estate writings and writes first tuesday's weekly Brokerage Reminder series.
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