We make all kinds of choices, and we make them consciously because we each know what is important to us. Most decisions we make are informed decisions. We’ve done the research and gotten the referrals from friends and relatives. When you’re in a car accident, how do you find the right shop to take care of your car? You use a mechanic you already trust, or you ask for referrals and recommendations from your friends. The same with choosing a doctor. You don’t just choose one blindly from a list.
We bring all of these things to your attention because we’ve been doing some market research lately here at Foote Title Group with twentysomethings. In talking to them, we realized that many of them had no idea what a title company, settlement company, or closing company is or what it does. As a result, we need to figure out how to change our wording so that everyone not only understands what a title or settlement company is but also how important this company is to the home-buying process – and how important it is that you choose your own company.
Anytime you hire a company to work for you, you’re going to do research to make sure they’re a reputable company with a strong history of customer service and a record of success. You should take the same approach when you choose your title company. Do some research, ask questions, and talk to people who you know for recommendations. Make sure you’re making the right choice for you, not the choice someone else thinks you need to make.
Here’s why that matters. We now tell people that Foote Title Group is a company that does home closings. It more clearly describes what we do because we are involved in every step of the closing process. First, we pull everything together for you, and we mean everything. It’s our job to organize all of the paperwork, people, inspections, and money. We take all of those pieces and coordinate them so that when you go to closing, everything is ready and in place for you.
The second important task of a home closing company is performing a title search. We check ownership records of the property because we want to make sure that no one can ever come back and try to take away your home or cause you problems once you take ownership. Just imagine: You’re relaxing at home, enjoying the game or your favorite TV show, and there’s a knock at the door. “Hey, you know I have an ownership interest in this house,” the person at the door says. “You have to get out.” A title search will turn up those people and situations and allows for any irregularities and issues to be fixed before you take ownership of the house.
Foote Title Group has more than 30 years of experience making sure title searches are conducted carefully and questions are resolved. Once the search is done, we provide you with an insurance policy that protects you and your heirs as long as you own the property.
The third major job of a home closing company is handling all of the money involved in your transaction. We take in all the money from all the parties involved, and we pay the bills for you and make sure it’s all taken care of properly.
When you’re choosing your home closing company, remember all of the tasks and coordination that the company needs to accomplish. You want someone with experience and attention to detail. It’s important that you choose the title company that you want. Don’t let anyone else make that decision for you.