Should I be using my sponsor's title company to close?

[Mark K.]

Hello, 

FYI, I am coming from the perspective of a home (condo) buyer and not an investor.  The sponsor is providing a $750 credit to use their preferred title company.  What I found with some research is that the sponsor, this title company and the sponsor's law firm all have the same guy in common.  I believe this guy is a developer, lawyer and president of title company all in one.  Does that matter?  I don't know.

I can't find much info on this title company online but they do have a legit website it seems.  Note that this is a brand new development in Brooklyn, NY so I'm not sure if that lessens the risk involved or not.  I am all new to this.  $750 is a lot to save but if it's not worth it and there's too much risk involved, I would go another route.  Would love to hear your thoughts on this!