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Updated over 10 years ago on . Most recent reply

User Stats

146
Posts
63
Votes
Kimberly H.
  • Baltimore, MD
63
Votes |
146
Posts

Dumb Question - Title Attorney (Realtor's or Lenders)

Kimberly H.
  • Baltimore, MD
Posted

I'm getting pressured from my Realtor to use his title attorney and my lender is suggesting his title attorney.  The lender is M & T bank, but it's the health home neighborhood loan program in Baltimore. The loan officer is in a small satellite office.

 Is there a reason why they are both on my neck.  What's the benefit to me for either one and if I don't choose the lender will he slow down the loan.  I'm purchasing a FNMA property and have a ratified contract and need to close in less than 30 days.

Just curious?

Most Popular Reply

User Stats

92
Posts
10
Votes
Cynthia Scaife
  • Real Estate Agent
  • Fort Worth, TX
10
Votes |
92
Posts
Cynthia Scaife
  • Real Estate Agent
  • Fort Worth, TX
Replied

Hello,

In most states you have the choice to pick your Title Company, you can always google the title companies to see if they have reviews. Lender's and Realtor's.

However, if you use the lender's and they have a company they always use the communications may be helpful with getting things done.

Also, if you are going to use him a lot it is brownie points to keep loan and title company that work well  on the research together.

With Realtors's it's just brownie points you can use whom ever get's the job done to your satisfaction.

Hope this helps!

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