A title agency is a company that helps to make sure that a property can be sold legally. This means that they perform extensive research to locate any issues that may prevent the seller from selling the home. The agency handles the many different aspects associated with selling a home or property. The title agency provides both the buyer and seller with assurance that the process of buying or selling the home is legal.
Cost of a Title Agency?
The cost of a title agency can vary depending on a lot of factors. Typically, though, title fees are included in a property’s closing costs. This can be anywhere from 2%-5% of the total loan amount. One can also negotiate to have the seller pay or vice-versa. It is worth paying the fees associated with title agencies because it gives you peace of mind when making the transaction.
Benefits of a Title Agency?
The biggest benefit for hiring a title agency is the peace of mind that your transaction is lawful. Otherwise, one runs the risk of having issues with the home’s title which could cost you in the long run and interrupt you from being able to purchase or sell a property. Title agencies do the leg work for you, saving you the stress of having to go through research.
Title Agency with Embassy Title Agency
If you are looking for a title agency in Livonia, MI, then Embassy Title Agency is the agency for you. Embassy will be able to help you with any of your title-related needs. Our team at Embassy Title Agency is made up of over 100 years of seasoned experience. They go above and beyond to service all of our clients with much effort and perseverance. Their goal has always been putting the client first and giving them the utmost attention. You can contact us online or by phone at (734) 293-2000.