Jessica Bennett from North Florida Title Company discusses title basics.
What is a Title Company? A Title Company is a company that completes a Title Search on a property. They deliver clear title from the seller to the buyer on the closing day.
How Does a Title Company Determine Title is Clear? A Title Company does a thorough Title Search dating back 50 years on a property. The title search will give the company a list of requirements that will need to be satisfied before title is clear.
Who Typically Pays Title Fees? The seller typically pays the title fees. It is the seller’s responsibility to deliver clear title at closing. They pay for the work to be done at closing as well as a title insurance policy to protect the new homeowner.
How Do You Recommend Selecting a Reputable Title Company? I would seek your Realtor’s advice. They typically have personal and professional experience with different title companies. They will know what title company offers great service as well as affordable rates.
To learn more about title companies and North Florida Title Company, feel free to reach out to Jessica Bennett or I with any questions.
Jessica Bennett – North Florida Title Company 904-513-9813 jaxteam@nftc.biz
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