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Updated about 7 years ago on . Most recent reply
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Closing title companies
What’s up local BP, so I’m doing a cash out refinance on my first rental property and the bank ask me which title attorney i want to use but i really don’t know the difference between title companies. How do you normally go about picking a title company? Do they have any major differences or they all pretty much the same? And any recommendations
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For a refinance, go with the company that makes the process the easiest and most convenient for you. If they send the closer to you for no additional fee, close at your home or work, after hours, etc., and their fees are reasonable, that is what you want.
The only title insurance policy being issued in connection with your refinance will be for the benefit of your Lender, not you.
My answer as to what is important in a title company would be completely different if you were purchasing a property rather than refinancing.
- Tom Gimer
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Eastern Title & Settlement
12 Reviews
4.9 stars