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How Do I Choose A Title Company Anyway?

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Title Insurance with Family Abstract, Inc.

Title InsuranceI was recently asked via a Linked In conversation, "How and When Does One Choose A Title Company Anyway"?  "Mary" wrote, I'm presently in the process of buying a home, and I assume a title search was done because I got a request for documentation, but I don't, in point of fact, know for sure.  Certainly, no one ever asked me who I wanted to hire. 

The question asked is a good one!  There are a number of answers.  The most prominent answer is, "You don't, your Realtor or Attorney already arranged that for you.  It is a common practice, at least in the major counties of Eastern Pa, that the Realtor simply choose a title company.  This makes it easy for the consumer since they, in general, have absolutely no idea what a Title Company is or does.  Title Insurance has done an excellent job of working seamlessly into transactions.  In fact, so perfectly, that we are transparent at this point. 

Do you choose for your buyer or seller (depending on your region)?  Does your Brokerage shop, STRONGLY SUGGEST, the use of the "in-house" title and mortgage companies? HR4323 is being bantered around congress that will ostensibly create a totally un-level playing field between the large Brokerage houses and the Independent title agencies. 

I ran an unofficial poll on several groups in Linked In and found the following results.  Consumers do not have a clue what title insurance is in a residential purchase or refinance.  It was overwhelming the number of respondent's that never consider the consumer.  The buyer and or seller choosing the title company resulted in less than 5% of the transactions, the largest number of steered transactions belonging to the Broker or Agent for the buyer or seller depending on the area of the country.  Attorneys were very disappointed that they didn't make it to the polling, so I added them as part of the Realtor control.  The bottom line is that Title Insurance is a fringe business that is corporately driven and not consumer driven.

There is a great application to make cartoon animations called Xtranormal.  I used it to make the following cartoon entitled, "What Title Insurance Agency should I use"? I hope you'll click on it and leave me a comment.

From my family to yours, from Title Insurance commitment to policy, all our very best!  Take at least a moment each day to smile and laugh, then call Family Abstract for all your title needs in PA, NJ, MD and FL.  At Family Abstract, Inc. We look forward to making you, and your clients smile very day, especially the day of settlement.  Please like us on Facebook, Please “Plus 1 us on Google, Please give us a shot at your Title Insurance!

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About Family Abstract, Inc.

Established in 2002, Family Abstract, Inc. provides Title Insurance to clients and customers throughout Florida, Maryland, New Jersey and Pennsylvania with more than 40 years of combined experience in management alone. We pride ourselves on retaining the most skilled and knowledgeable employees who share our goals of providing the best service in the industry.

Located in Horsham, Pennsylvania, Family Abstract, Inc. maintains an extensive network of skilled title insurance abstractors in all the states we service in addition to a nationwide network of qualified closing agents who are available to close loans at any location.

Backed by the strength of four title insurance underwriters, we are able to provide expert attention to detail without sacrificing versatility in the closing process, thus providing more options in difficult title situations. Due to our depth of industry knowledge and commitment to excellent service, Family Abstract, Inc. has been able to develop client relationships that have endured for decades.

Having successfully settled and insured thousands of transactions, we have already earned the trust and confidence of hundreds of customers, lenders, brokers, and realtors and now we would like to share our expertise with you!

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