Thursday, April 8, 2010

GATEWAY TITLE TIP #1

Title Tip #1: Choose your own title company. Don’t let agents or lenders steer you to their “in house” title agency. Closings and title insurance are to be handled by a disinterested third party.
How can an “in house” title agency be neutral when it comes to a closing? RESPA states consumer’s rights, and no where does it give agents or banks the right to make that choice for you.
They must disclose relationships and respect your right to choose.
You pay for your title and escrow service. You pay...you pick!
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