Purchasing a home can be overwhelming. Many title companies claim that their agents make the process easier for buyers. But is this really true? While many homeowners work with a title agent, others choose to work with a title attorney. In this article, we’ll explain what the difference is so you can choose the best fit for you.
What Does a Title Company Do?
As you probably know, a home title is a legal document that explains the specifics of your property and its ownership. Title companies check to make sure these home titles are legitimate. Many also offer title insurance and escrow accounts to help protect buyers and their money during the closing process.
Title Agent Vs. Title Attorney
On the surface, working with a title agency sounds like a great idea. But does a title agency really have your best interests at heart? At the end of the day, a title agency works for the title insurer, not the buyer or real estate agent. Plus, title agents are not lawyers and do not always have the legal experience to properly assess your home’s title.
Lawyers Save You Time and Stress
Since title agents are not lawyers, they cannot provide you with legal advice. They also can’t correct any legal issues that are found in your home title. This can lead to a complicated situation if you notice a legal problem in any of the documents during your home buying process. Of course, this won’t be a problem for everyone. But if you need to add an addendum to a contract- or rewrite it all together- then you will need a lawyer. You can avoid this added hassle by simply working with a lawyer in the first place.
Finding The Right Real Estate Lawyer
Whether you need a title attorney or another type of lawyer, the team at Edwards Law Firm is here to help you. We handle both real estate law and contract law, which means that we are uniquely positioned to help new homeowners with their purchases. With friendly service and legal expertise, you can rest assured that we will get the job done right. Call us today to learn more.