8315 W. 10th Street, Indianapolis IN 46234. 

Up until you begin the process of purchasing your own home, there is an important player in the real estate market that is frequently disregarded. 

The title business, which unites all the parties involved in the home-buying process under one roof, is the agent of agents. The buyer, the seller, and the mortgage lender are the three parties engaged in the acquisition of your home that your title firm represents. To approach your home purchase with confidence, it is vital to understand the distinct responsibilities and roles of the title firm.

What Is The Role Of A Title Company?

The title company serves as your home's compliance officer in many ways when you buy or sell it. They ensure that the ownership transfer is done correctly and that all legal formalities are met. Title companies offer a vital service for any home sale or refinance. The purchasing and selling of a house would be difficult without the administrative and legal assistance of your title firm.

Conducting A Title Search In Indiana

A title company's initial responsibility in a house transaction is usually carrying out an exhaustive investigation into the property's past. 

One of the tasks involves examining all previous transfers, owners, and liens to determine whether the title is clear and ready to be transferred to a new owner, 

While not all home transactions have title issues, it's good to be aware of what these problems are to know which ones to look for and how to avoid them.

In the previous post, we discussed the common title issues in detail. Below, we'll give you a brief overview of what some of these are:


Is a third party currently leasing the property? In that case, even if the seller or seller's agent neglected to provide this information, the title search will make it clear.


The IRS may put a lien on a homeowner's property if they fall behind on their taxes. In the event of a sale, the lien cannot be removed from the title until it is paid in full. A home equity line of credit, past-due HOA dues, and, most obviously, a mortgage are some other frequent liens. For the title to pass to the new owner, these must all be paid in full at closing.


The grant of a non-possessory property interest that allows the easement holder to utilize another person's land is known as an easement. The word "easement" refers to a certain kind of property right that the people using it own.

The title company will publish a report with its results once it's completed. The title search and report will disclose any current issues and claims on the title that can result in further litigation.

Without completing this step of the title process, mortgage providers will not grant a mortgage. Meanwhile, the home buyer and the mortgage company's investment were protected by removing obstacles from the title before the home sale.

Following the publication of the title report, the title company will produce a title opinion letter, which will affirm or deny the title's legality, as well as an abstract of the title, which is essentially a summary of the report.

filling out a title insurance document

Issue Title Insurance

The title company's next responsibility is to provide insurance that covers the lender and the buyer. 

The home buyer is required to purchase the lender's title insurance to ensure the value of the mortgage if there are any upcoming title problems. However, the said insurance will not protect home investment; title companies provide owner title coverage instead. 

Although most states do not need it, owner's title insurance protects the house equity if an unforeseen problem arises with your title. In the event of a lawsuit or title fraud, both forms of insurance are meant to safeguard your investment.

Escrow And Closing

Managing the escrow and supervising the closure of your house transaction is the last and most important duty of a title business. The escrow account protects the money transfers—such as earnest money, down payment, and closing expenses and fees—that are necessary to finish the sale or acquisition of your property.

The deed, title, and other legal papers are some of the documents the title business maintains and safeguards before the closing. When the time comes for your home to close, everyone usually gathers at the title office to sign the paperwork, finish any outstanding business, transfer the monies, and transfer ownership—all while being guided by the firm. While some states handle this phase through an escrow agency or real estate attorney, many states still employ the title business as the administrator of all closing processes.

Disbursing The Funds

Disbursing the closing funds is part of the closing process for your house. The loan proceeds will be mailed to the title firm by the lender. 

Meanwhile, the buyer will also give the title company a share of the closing money. Cashier's checks or wire transfers are some of the payment platforms accepted. The deal is considered completed once all payments are paid to the right party, which is the seller.

The Right Title Company

Now that you know the basics, the next step is finding the right title company in Indiana.

Just like how you would look for a reliable real estate agent, you should evaluate several title companies to see how helpful, responsive, and upfront they are about their procedures. 

Ask your real estate agent or attorney for referrals if you have trouble deciding which title firm is best for you. 

Every day, these professionals deal with title companies in real estate transactions, and they have reputable, courteous organizations that they will use again and time again. To learn how to choose the right title agency, click this link.

While buying a house is an exciting accomplishment, the formal process of becoming a homeowner involves several steps, from making an offer to signing papers at the closing table.

Every action you take is essential to safeguarding your future investment. Obtaining an inspection, a house appraisal, and a property title search are some of the most important steps. 

To help understand how doing a property title search might protect your new house, let's examine the significance of this process.

What Is A Title Search?

Usually, we assume that the home seller has the right to sell the house when you purchase one. That presumption, however, may come back to haunt you if someone else knocks on your front door and has a lien or claim on the property.

To establish the true, legal owner of a piece of land, a property title search is conducted to look through public records. Any liens or claims made against a property that can have an impact on a purchase should also be found through a title search.

Why Is A Title Search Necessary?

Discovering the property's owner is only the first step towards purchasing it. It's possible that the present owner isn't even aware of any prior claims to the title of the property. Because mortgage liens and other comparable debts, along with easements and restrictive covenants, follow the property and not the owner, you may be responsible for the debts of a prior owner.

If you choose not to have a title search performed or if the search reveals encumbrances such as unpaid property taxes, homeowners association (HOA) dues, and unpaid invoices for prior home modifications, you may be responsible for them. This is the reason that, as part of the mortgage underwriting procedure, mortgage lenders demand title searches and title insurance.

homeowner doing research about title company

How Do Title Searches Determine A Property's Owner?

A title search examines public records about a property. To establish a chain of title and verify that a sale is the legitimate owner, an attorney or title business will typically employ several legal documents. Additionally, the title search locates any monetary or legal claims made against the property.

The Process

The expert who searches public records for titles is known as a title abstractor. To create an abstract of the title, they compile all the pertinent data and court records they can locate about a property. A chronology of all obtainable documents and transactions about a property is included in the abstract of the title.w

The abstract may contain information about the property's historical and present owners, easements that traverse it, and any relevant wills or lawsuits.

The Findings

Financial rulings against the property's owner that could have an impact on your finances down the road can be found via a title search. Liens against the home, easements, and unpaid property taxes are a few possible issues with the title. You're happily ever after in your new house could be jeopardized by outstanding claims.

Your home title search needs to show that the property is free and clear to avoid problems in the future.

Thankfully, there are ways to reduce the possibility of a title claim against a property. For instance, you can obtain a title warranty or buy title insurance. 

For many house buyers, the one-time payment of a title insurance policy—which is typically between 0.5% and 1% of the purchase price of the home and included in closing costs—is worth it because it can help safeguard your ownership claim to the property.

Who Does The Title Search?

The title firm or lawyer usually handles the title search, although the lender or home buyer may also conduct this.

Should you choose to conduct the title search on your own, locations such as the county courthouse, recorder's office, and assessor's office will have the necessary records.

Allowing experts, like real estate lawyers, to manage this aspect of the house-buying process might be a wise decision. Untrained eyes may find legal paperwork confusing, leading you to miss something crucial.

How Long Does A Title Search Take?

Depending on how complicated the papers are related to a property, a title search's speed will change.

Multiple sources must be consulted to collect records for a title search, which could cause a delay if an office takes a long time to reply.

It can take a few hours or weeks for the title company Indiana examiner or attorney to go through the documents and find any unresolved claims once they are in their possession. However, title searches usually take a week or two to finish.

Old Home Vs New Home

There are usually fewer papers to look up in a newer house than in an older one. Due to its lengthier time on the market, an older home will probably have more records to evaluate. This may cause the title search to take longer.

You shouldn't rush your attorney or the title company Indiana examiner, even if it can be annoying to wait. To assist you in avoiding any future problems with the home, give them the time they need to complete their work completely.

How Much Does A Title Search Cost?

A title search typically costs between $75 and $200. Depending on the state you're buying in, the pricing may change. Upon completion of the investigation, you ought to obtain a report that is straightforward to read and highlights any encumbrances that need to be cleared up before proceeding with the acquisition.

If you conduct a title search yourself, the cost can be significantly reduced. However, this approach can take a while, and if you are uncomfortable using "legalese," you might overlook a lien or debt and fail to recognize that your title isn't free and clear. A title search will provide you confidence and peace of mind as you proceed with your property purchase, so it could be a smart idea to leave this stage to the experts and budget for the cost of title fees.

If you conduct a title search yourself, the cost can be significantly reduced. However, this approach can take a while, and if you are uncomfortable using "legalese," you might overlook a lien or debt and fail to recognize that your title isn't free and clear. A title search will provide you confidence and peace of mind as you proceed with your property purchase, so it could be a smart idea to leave this stage to the experts and budget for the cost of title fees.

Buying a home involves a long process, including a title search. And while it may take your time, money, and energy, it can help a lot, especially in avoiding bigger problems in the future. 

If you're planning to buy a home and conduct a title search, we're here to help. Call us at 317-214-6023 to learn more.

If you're still thinking about whether title insurance is just a "luxury" and not a necessity, then an article from The Washington Post might help.

It says that the chances of having an issue with a title are relatively high since most real estate transactions need "extraordinary work." While problems, such as outstanding liens, taxes, etc., might occur, title insurance offers a safety net to cover unexpected expenses. 

Doing a title search investigates for title defects that may prohibit the seller's legal transfer to the buyer. Doing this helps ensure that the title is "clean" and that the buyer has the peace of mind they need as they purchase a new property.

Below are the title issues that may arise before or after buying a home.

9 Issues To Look For During Title Search


One of the most frequent issues with title searches is taxes. If there are any outstanding taxes associated with the property, a preliminary report shows them. Before other financial commitments, such as mortgage liens, taxes should be settled first. Taxes must be paid off before any other debts can be settled with the money from the sale of these assets.

property taxes files with magnifying glass

Mortgage Liens

A title search finds out whether there are any mortgage liens on the property you want to purchase. Ignoring this cost could put you in debt because you could have to pay it back after the transaction. 

Restrictions, Conditions, And Covenants

Zoning conflicts, historic monitoring, and other restrictions might also impede or postpone the selling of a property. Thankfully, previous homeowners or their neighbors' boundary and survey limits can be found through title searches. No matter how tiny, try to find out whether there is a border issue on the land you plan to purchase. If not, unresolved boundary conflicts could surface and cause you trouble.

Any municipal zoning that limits the use of land in a particular district is also revealed by a title search. These limitations, which may include gardening and renovation regulations, specify the kind of property you are allowed to build in that zone. Condos and properties owned by associations are subject to specific covenants and regulations. It is imperative to conduct a title search for them before making a purchase. 


The right to use a portion of land without having ownership rights is known as an easement. It could be used, for instance, to allow access to a public beach or a property situated back from a main road. Typically, federal, state, or local entities are involved. 

The fact that easements are legally transferred with property ownership is the source of their problem. Only the parties concerned may choose to have them removed because they are legally binding agreements.

Unfamiliar Or Uninformed Heirs

Imagine purchasing a piece of land, and two months later, someone else appears claiming to be the heir. Purchasing a property from one or more of the heirs of a deceased owner frequently results in this situation. Make sure everyone is aware of the transaction and has given their consent; otherwise, heirs may appear and cause you a lot of bothersome issues that could prevent you from enjoying a quiet and comfortable life in your new house. 

All of these options are revealed by a title search, which also lets you know if the seller's will contains any restrictions on their ability to sell the property. The search makes sure the original owner didn't leave it to someone else who might show up and sabotage the deal.  

Illegal Deeds

This nation still has instances of illegal title issuance. The property you want to buy might have been owned by someone who entered the country illegally. You may have some problems as a result, but a professional title search firm can assist you in identifying this potential problem.  

Public Record Errors

Public documents should be accurate, yet mistakes are made by people. Errors happen when land officials file millions of deeds, paperwork, and surveys every year. These documents may include misspelled words, names, phone numbers, or addresses. All of these issues can be found with a precise title check before a house transaction is completed.

Divorce Edicts

An extensive divorce can have a significant impact on a family's financial security. Your house purchase may be delayed or derailed by divorce decrees. This can happen if the seller, who is divorcing, loses all or part of the property you are interested in purchasing in a settlement. 

You have to include the other party in the selling process as a result of this loss. The selling procedure could come to a complete standstill if the other divorcing party is not involved or if they decline to consent to the transaction. You can save needless problems and discover all these details by conducting a title search.


There are a lot of impersonators in home selling, and a properly executed title search can identify whether the sale of the house is a fraud. Impersonators can cause problems in many ways, such as stealing legitimate ownership names and other identity documents to employ in unlawful real estate transactions. When the true owner shows up, you don't want to waste your money on an invalid transaction. So, take your time and use a title search to confirm the information.

Indiana's Leading Title Company

Buying a home may not be as smooth and seamless as it should be; however, as long as you have the right support you need, it can be an exciting and fulfilling moment. 

IndyLegal is Indiana's leading title company that offers support in handling title searches, escrow services, insurance, settlement services, and more.

We help reveal and fix red flags to avoid further problems. Call us at 317-214-6023 to learn more about our offers.

Selling or buying a home is one of the biggest financial decisions for most people. From the moment you start deciding on whether to buy or sell a new property up to the last process, there are many crucial (and often legal) considerations to make.

That might include choosing between a title company and a real estate attorney. While both of them have their own pros and cons, it all goes down to your specific needs and current situation.

To help you understand when you might choose one over the other, here are some comparisons:

Title Company

Title Search and Insurance

Title companies specialize in conducting title searches to ensure that the property's title is clear of any liens or encumbrances. They also offer title insurance, which provides financial protection in case any title issues arise after the transaction.


Title companies are often more cost-effective than hiring a real estate attorney because their primary service is focused on title search and insurance.


Title companies usually have streamlined processes for handling real estate transactions, making the closing process quicker and more efficient.

Standardized Services

Title companies often follow standardized procedures for closing real estate transactions, which can be helpful if you want a straightforward, well-established process.

Real Estate Attorney

Legal Expertise

Real estate attorneys are legal professionals who can provide legal advice, interpret and draft contracts, and protect your interests throughout the transaction. They can address complex legal issues that may arise during the process.


If your transaction involves unique or complicated circumstances, a real estate attorney can provide customized solutions and legal guidance tailored to your specific situation.

Conflict Resolution

Attorneys are skilled in dispute resolution and can help mediate or resolve conflicts that may arise during the transaction, protecting your rights and interests.

title company agent talking to new homeowners

Additional Legal Needs

If you have other legal matters related to the transaction, such as estate planning, trusts, or zoning issues, a real estate attorney can provide comprehensive legal services.

In summary, the choice between a title company and a real estate attorney depends on the complexity of the transaction and your specific needs. 

For a straightforward residential real estate purchase or sale, a title company may be sufficient and cost-effective. However, if you're dealing with unique or complex circumstances, or if you want the peace of mind of having legal expertise on your side, hiring a real estate attorney may be the better choice. It's often a good idea to consult with a professional to help determine the most appropriate option for your situation.

Our team at IndyLegal has over 50 years of experience and expertise with Indiana’s various real estate and title laws. So if you're looking for a reliable team to help you with real estate transactions, feel free to drop a comment below or message us here

When you own a home, you are liable for the cost of repairs. Investing in a home warranty is one method to safeguard your finances. Below are some of the benefits of getting a home warranty. 

Interesting Read: 

Top Questions On Home Warranty

Pros Of Home Warranty

A home warranty plan purchase has pros and cons, just like everything else. The major benefits of home warranties are worth mentioning. Let's examine those.

Peace Of Mind

When your home is covered by a home warranty, you can unwind knowing that your key appliances and systems are safe. This is particularly beneficial for first-time homebuyers who may not be accustomed to dealing with repairs and may not have the cash on hand to cover them out of pocket.

Less Unexpected Costs 

You won't have to use all of your emergency savings when something does need to be fixed. You'll frequently be able to estimate the cost of a damaged stove or air conditioner. Some businesses will pay for preexisting problems, so you might theoretically estimate your warranty savings in advance based on the problems you are aware of.

Cons Of Home Warranty

The main drawbacks of home warranties may include:

Cleaning Gray Area 

A major drawback of a house warranty is that it excludes coverage for things that haven't been kept up with. There can be a lot of gray areas when it comes to what constitutes sufficient maintenance, which leads to numerous disputes between home warranty providers and warranty holders.

family bonding in living room

In the worst instance, shady warranty providers might use the poor maintenance clause as a reason to reject legitimate claims. Another possibility is that the contractor who comes to the house and the homeowner just disagree on what constitutes good upkeep. 

A 10-year-old furnace that the previous owner neglected to maintain is another frequent issue that can arise when a person buys a used house. At that point, the previous neglect and any damage are irreparable, regardless of how diligently the new homeowner attempts to maintain the furnace going ahead. Furthermore, warranties have several exclusions as well as monetary limits for each repair and annually. 

One of the main benefits of a warranty is that they are inexpensive compared to the price of fixing or replacing the majority of a home's essential components. There could be many years, though, when nothing in the house wears out or breaks down.

Opportunity Costs

The homeowner receives nothing in return for her premium during these years (other than possibly peace of mind). That money would have at least received some interest if it had been placed in an emergency fund. Additionally, a homeowner who attempts to use the warranty but has the claim rejected will likely feel as though the premium and service call cost were a waste of money. 

Home warranties remove the need to find a contractor when something breaks. However, if you want the warranty to cover the repair or replacement, they also take away your ability to select your own professional—an independent contractor. You're in a bind if you don't like the contractor or the work that was done. Additionally, the model or brand of a product may not be entirely up to the homeowner replacement part, albeit the warranty agreement should call for a product of comparable or equal quality. 

Additionally, working with a home warranty business rather than a homeowner dealing directly with a contractor may make the entire process more difficult. 

The majority of buyers select a 30-year fixed-rate mortgage, giving them three decades to pay off their house.

A 15-year mortgage, for example, would be a shorter loan term option. This will cut the time it takes to pay off your loan debt in half and probably save you tens of thousands in interest. But there will be a significant rise in your monthly expenses.

Which mortgage, a 15 or a 30-year one, is the better option for you? That relies on a variety of elements, such as your financial situation, your life goals, and what you can buy.

Is a 15-year or 30-year mortgage preferable?

A 30-year fixed-rate mortgage loan is the best option for many people. Simply put, it enables more affordable monthly payments, which is why. The drawback is that it can take more time to build up your equity and pay off your debt.

Because of this, some homeowners choose a 15-year mortgage, which has a shorter loan duration.

However, this does not imply that a 15-year loan is always the best option.

Since you must pay off the same amount in half the time, the biggest disadvantage of a 15-year mortgage is that the monthly payments are significantly higher. Because of this, many homeowners are unable to make their monthly payments.

You and your loan officer must weigh the costs and possible savings of a 15-year mortgage against a 30-year mortgage to determine which is best for your financial circumstances.

real estate agent with home buyer sigining a contract

Evaluating The Costs Of Long-Term Loans 

Last but not least, a 15-year loan will cost you significantly less in total interest charges than a 30-year mortgage. There are two factors for that. First off, your interest rate is probably going to be lower. The second reason is that you won't be paying interest for as long. 

What would you rather choose? A 15-year repayment term or 30 years?

We'd love to hear your thoughts in the comments. Thank you!

The chain of title is a list of every property owner, from the first to the present, as well as all of the transactions that have ever been made. You can check there to learn who has owned the property and how it has been transferred. If there are any liens or claims against the title of your property, this is where you should start looking first because it will give you a spot to start investigating and fixing the problem. 

The legal records that affect a property's ownership, use, and value are all included in the chain of title. These documents consist of:

You should thoroughly examine the chain of title before purchasing or selling a property. The chain of title is broken and someone could eventually claim ownership of your land if a title transfer is erroneous or there is a void in the ownership history of the property. There are numerous ways in which it might occur.

shaking hands for buying real estate

A title may become unclear in any of these scenarios. As a result of their reluctance to assume this risk, title insurance firms can decide not to cover you or charge you more. Don't freak out if you discover a break in your chain of title. You can fix it by taking certain actions.

#1 To assist you spot any gaps or inconsistencies, start by gathering all the property-related documents that are currently available. After that, use a title business to run a title search to find any gaps or contradictions. 

#2 Check the chain of title for the property to make sure it is correct and identify the place where the break happened.

#3 Fix the underlying problem that led to the break to eliminate the flaw.

#4 To guarantee that the chain of title is complete and that there are no lingering disagreements, record the documents after the mistakes have been fixed with the county recorder's office. 

Having an accurate chain of title is one of the ways you can protect your property, so it is important to make sure there are no breaks. If you’re curious about yours, or you want to have a title search done, give us a call at 317-214-6023 and we’ll be happy to assist.

When purchasing or selling real estate, should I hire a title company?

There are a lot of good reasons to buy or sell a house without a realtor's help, but a title company is one vendor you shouldn't do business with without. With a purchase or sale that is for sale by the owner, this is particularly true. Using a title firm guarantees both a smooth closing and the security of your transaction.

What Does The Title Insurance Agency Do?

Making sure the closing is conducted in a proper and organized manner is the responsibility of a title firm. The business will carry out a title search, order the necessary reports and surveys, and confirm that all the documentation is to transfer ownership of the property in question. Title searches and providing title insurance are two of the title company's main contributions. An examination of the title to the property is done through a title search. According to this investigation, the property is eligible for sale and is free and clear of liens. 

title agent holding pen and calculator

Purchasing a home only to discover that it has liens against it or, even worse, that a co-owner didn't approve the sale, is the very last thing you want to do! These kinds of problems will be uncovered via a title search, allowing for their resolution before the closing. The majority of mortgage lenders demand title insurance. The lender is covered by this insurance against unanticipated title flaws, whereas the buyer is covered by a different title insurance policy. This extra security is required since these issues might not be discovered through a title search. You are shielded from title claims by title insurance coverage. The charge is paid once at closing and never again.

Other Services Offered By Title Companies

Paperwork Filing: The title company ensures that copies of the closing documents are given to the buyer, seller, and mortgage lenders as well as submitting the documentation to the relevant government organizations.

Closing Facilitation: On neutral ground, the title company can host and coordinate the closure. The agency does not favor the buyer over the seller or the seller over the buyer because it is an unbiased service provider. The title agency's goal is to ensure that the sale occurs, and it is their responsibility to do so. A title agency accomplishes this by gathering all required paperwork from both parties, ensuring that it is correctly completed, and obtaining signatures. In a for-sale-by-owner transaction, having a second set of eyes to review everything is very beneficial.

Escrow And Notary Services: Title companies can hold the earnest money, act as escrow agents, and make payments. For the completion of documents, they can also offer notary services.

It's crucial to keep in mind that the title company's role is to facilitate a quick and effective closing for all parties. Without the title business, you can encounter needless delays and/or unanticipated problems.

If you have questions about title insurance, IndyLegal Title Services is here to help you!

Call us at 317-214-6023 from Mondays to Fridays so we can assist you!

Working with real estate agents during the closing process is a significant portion of your job if you work for a title business, as you may have already seen. After all, in 2021, 90% of sellers and 87% of purchasers used real estate agents to assist them buy their houses. Therefore, your job will go a little more smoothly if you make it a point to establish relationships with real estate brokers. Additionally, if you establish strong relationships with many agents, those agents may refer more business your way. The question is: how can title companies foster stronger ties with real estate brokers? Check out some suggestions for getting going.

Ensure A Seamless Closing Transaction

The best method for title insurance in Indiana to win over real estate brokers is to make sure that their clients' closings happen well. After all, real estate brokers want to leave a good impression on their clients so that they will get repeat business or recommendations from other buyers and sellers. Make sure the closing day goes smoothly since unhappy buyers and sellers will be critical of the title firm and the realtor. Thankfully, you have a lot of control over how the closing goes as a title agent.

realtor agent holding keys

To prevent closing delays, for instance, you should make sure that the sale contract and all other documentation are accurate before the closing day. Additionally, you should ensure that the client and the agent are well-prepared for closing day, perhaps even by drafting a closing checklist that they can review beforehand. Additionally, maintain a constant contact to make sure you are available to respond to inquiries before the closing. This will go a long way toward impressing real estate agents and likely place your office at the top of the list of title firms they want to work with again if you take these steps to ensure a flawless closing day for every client.

Keep In Touch With Real Estate Agents

If you're a seasoned title agent, you're probably used to keeping in touch with your clients throughout the closing procedure. Make sure you interact with them as well if you want to win over their real estate agents and set yourself apart from the competition. By keeping real estate agents informed throughout the closing process, you'll demonstrate your commitment to working together to give their clients a positive closing experience.

If you want to develop relationships, you should maintain in touch with them after closing day. Please feel free to share any tools you find that would be useful to the real estate professionals you've dealt with. For your next close, even brief notes on special occasions and birthdays can keep you top-of-mind. Before beginning to work with them, be sure to inquire about their preferred channels of contact. The majority of real estate agents should be able to use either approach if they're unsure of how to start as 89% prefer email and 93% prefer text messaging for client communication.

Assist Other Real Estate Experts In Maintain Compliance

Being knowledgeable about real estate laws and regulations is a part of your job as a title agent. If you want to be sure you're handling all the title agency tasks correctly and prevent closing day delays due to your office overlooking crucial items, staying in compliance is essential.

The American Land Title Association (ALTA) and other large associations may have standards that must be followed, therefore title companies like yours must demonstrate that they do. Any new details you learn about ALTA and other organizations associated with the title industry should be shared with real estate agents if you want to benefit your clients during closing and strengthen your connections with them.

To accomplish this, you can send other real estate professionals a simple email whenever you learn of fresh information, or you can even create monthly or quarterly newsletters. When you and local real estate agents are working together as a team to guarantee that all house sales contracts are valid and enforceable, huge problems for buyers and sellers can be avoided. This is made possible when everyone has access to the most recent information in this field.

Focus on Closing Process Efficiency

The closing procedure must be simple for clients to understand title companies, and this involves making it as quick as feasible. After all, just like title agents and real estate agents, your clients are probably quite busy. They also want to move into their new house, so they're quick to finish the property purchase. You should make every effort to hasten the closing on their home.

Keeping in constant contact with the client and real estate agent throughout the closing process will help to ensure that any questions or concerns are handled as soon as they arise. Another strategy to prevent closing delays is to do a complete and correct title search.

Making effective use of technology can also boost closing efficiency. In fact, according to a survey, 81% of respondents still prefer in-person closings even if 70% of respondents want a more automated closing procedure. This means that, even if the closing will take place in person, you should include digital solutions in the process. Going paperless for as many papers as you can is one alternative, as eSigning technology is now widely accepted and trusted.

Making the payment procedure digital is an additional option. On closing day, you'll make it quick and simple for clients to deposit funds into the escrow account if you use a secure payment platform for all closing charges. They will not only save time, but they may also be less concerned about wire fraud and bad checks than they would be with other typical payment options during closing.

Thank you for reading this post. If you have questions or clarifications about insurance companies, IndyLegal Title Services is here to assist you!

Are you interested in learning how to maximize your interactions with title agencies? With the help of the correct title insurance firm, real estate agents may turn their interactions into easy-going collaborations. Excellent communication, attention to detail, a seamless closing process, title insurance guidance, and several other advantages are characteristics of successful cooperation between a title insurance business and a real estate agent.

Advantages of Collaborating With The Right Title Insurance Company

The following are just a few of the many ways a good title insurance firm may benefit realtors:

Outstanding Communication Skills

Real estate agents benefit from timely and effective communication when dealing with a title business like IndyLegal Title Services. You'll collaborate with a group that knows how to give you and your clients fast, reliable information throughout the closing process. 

Improve The Closing Process' Efficiency

Real estate transactions are completed quickly and effectively when working with a reliable title insurance partner. A quick and effective closing procedure ensures that there are no delays. The process is managed by a tried-and-true mechanism used by reputable title insurance providers. 

real estate showing client contract

Confidence In Meeting The Requirements For Closing

With a reputable title business, you'll have access to professionals who are knowledgeable about title insurance and closings. In fact, for this reason, reputable title insurance businesses will employ knowledgeable, credentialed title agents. They are knowledgeable about all the specifics of the title and closing processes because they have handled several real estate closings and titles. You won't have to spend time attempting to understand closing and title lingo if you work with the appropriate title companies in Indianapolis. Additionally, they have to provide title and closing terms to you and your clients in plain, understandable English.

Maintain Compliance with Standards and Laws

As new requirements are frequently issued by regulatory bodies, your title company should assist you in keeping up with them. Additionally, you ought to have immediate access to trade associations' best practice recommendations. It is simpler to be informed of and adhere to the new rules when working with the correct title company. Any time a new rule or requirement is established, a good title business will let its real estate agent partners know. Because your title business keeps an eye on the rules, it enables you to have transactions go more smoothly and better inform your clients. 

Enjoy Your Closing Experience

There are a few things that come close to the efficient method used by a respectable and trustworthy title business to complete all transactions without delay or complications and on schedule. 

Indiana's Best Title Insurance Company

At  IndyLegal Title Services, our goal is to become the top title, closing, and escrow company in Indiana. 

With more than 50 years of combined experience and knowledge, we consistently provide title and closing transactions across the state.

We are competent at assisting lenders, realtors, investors, and buyers and sellers of homes and businesses following the real estate laws. 

Let us help with your transactions. Call us at 317-214-6023 to get started.

8315 W. 10th Street
Indianapolis IN 46234

    linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram