Title companies?

Is that really true, Christina? I'm not directly involved in trying to do these transactions, but I've been led to believe the big companies don't like these transactions at all, and you're better off with small companies.

Edited: 06/26/2010 at 09:26AM

Jon Holdman, Flying Phoenix LLC

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Aug 21 '09, 01:11 AM

I have a handful of email addresses - I'll shoot out the question to my title reps...and get you a national company. The smaller companies are using the larger companies in other states to bind coverage anyways...so my motto is always to go straight to the source. Give me a bit and I'll get you a name and number.

Edited: 06/26/2010 at 09:26AM

Christopher W.

Residential Real Estate Agent · Orange County, California

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Aug 21 '09, 01:26 AM

Really? That is interesting. I was always told the same - that local smaller companies are better to use. I know that Foundation Escrow here in San Diego does back to back closings. I don't know if they work nation wide, though.

Edited: 06/26/2010 at 09:26AM

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Aug 21 '09, 01:37 AM

Escrow...will order the title - helping you find the right title company for the right job. Title will be a separate insured company and most of the local companies can't get insurance nor want to pay for it from state to state - so they basically refer it over to a national company. So let's say you went through Orange County Title - The underwriting for CA would be under that name - if they did another state - they most likely contracted with Fidelity or something..so your really being underwritten to Fidelity rules...

Meanwhile the feelers are out - I'll get a name of a company and then most likely the closer you choose (Escrow) will have a rep they like.

Edited: 06/26/2010 at 09:26AM

Christopher W.

Residential Real Estate Agent · Orange County, California

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Aug 26 '09, 07:10 AM

Hi Christina!
I was just wondering if you have any updates on this?
Thanks!

Edited: 06/26/2010 at 09:30AM

Antoine Simmons

Private Money Lender · Dalton, Georgia

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Sep 02 '09, 01:08 PM

Norm That was funny. (LOL)

Edited: 06/26/2010 at 09:35AM

Perry F.

Real Estate Investor · Gilroy, California

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Dec 13 '09, 06:43 AM

Originally posted by Christina Inman

Escrow...will order the title - helping you find the right title company for the right job. Title will be a separate insured company and most of the local companies can't get insurance nor want to pay for it from state to state - so they basically refer it over to a national company. So let's say you went through Orange County Title - The underwriting for CA would be under that name - if they did another state - they most likely contracted with Fidelity or something..so your really being underwritten to Fidelity rules...

Meanwhile the feelers are out - I'll get a name of a company and then most likely the closer you choose (Escrow) will have a rep they like.

:)

Hey Christina, let me know when you find out the names of those title companies you mentioned. Thanks

Edited: 06/26/2010 at 10:50AM