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Updated almost 7 years ago, 12/12/2017

User Stats

22
Posts
8
Votes
AJ Nettles
  • Baton Rouge, LA
8
Votes |
22
Posts

Closing title companies

AJ Nettles
  • Baton Rouge, LA
Posted
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

User Stats

65
Posts
17
Votes
Mark Webb
  • Rental Property Investor
  • Orlando, FL
17
Votes |
65
Posts
Mark Webb
  • Rental Property Investor
  • Orlando, FL
Replied

I would contact a few TOP real estate agents in your area to ask for referrals and why they use that title company. price is the difference I hear most people chattering about for choosing a reliable title company when its apple to apples.

User Stats

22
Posts
8
Votes
AJ Nettles
  • Baton Rouge, LA
8
Votes |
22
Posts
AJ Nettles
  • Baton Rouge, LA
Replied

Mark Webb ok kool thanks, will do

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User Stats

83
Posts
39
Votes
Derek Kirkwood
  • Palmdale, CA
39
Votes |
83
Posts
Derek Kirkwood
  • Palmdale, CA
Replied

Some of these REIAs might have good recommendations:

http://american-reia.com/louisiana-real-estate-and-landlord-clubs/

User Stats

3,443
Posts
3,391
Votes
Tom Gimer
Professional Services
Pro Member
  • DMV
3,391
Votes |
3,443
Posts
Tom Gimer
Professional Services
Pro Member
  • DMV
Replied

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
4.9 stars
7 Reviews

User Stats

2
Posts
0
Votes
Brian Thibodeaux
  • Baton Rouge, LA
0
Votes |
2
Posts
Brian Thibodeaux
  • Baton Rouge, LA
Replied

For me, Cypress Title has been great to work with.  http://cypresstitle.com/