8315 W. 10th Street, Indianapolis IN 46234. 
317-214-6023

Title Company Or Real Estate Attorney - Which One Should You Choose?

September 29, 2023

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.

Cost-Effective

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

Efficiency

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.

Customization

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

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8315 W. 10th Street
Indianapolis IN 46234
317-214-6023

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