Which Title or Escrow Company Do You Prefer?
By Regina P. Brown, M.B.A., Broker, Instructor
(MBA Broker Consultants)
Do you have a specific title or escrow/settlement company that you prefer to use? If so, be sure to let your REALTOR® know. Most buyers will defer to their agent’s recommendation of an escrow company with whom she has developed a good working relationship. In some states, the escrow/settlement company is known as a settlement company. In other states, an attorney’s office handles all the closing funds and paperwork, instead of an escrow/settlement company.Your REALTOR® may recommend that you use the seller’s choice of escrow/settlement and title company. The seller may have already started a file at an escrow company; for example, if the property has already been in escrow with another buyer. If it is a short sale, then chances are that they have already been working with an escro...
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