For Sale By Owner (FSBO)
Title Insurance When Selling a Home Yourself
There are many people who end up buying and selling homes without the assistance of a realtor. If you are thinking of following this path, whether as a buyer or a seller, a title company is still essential for a smooth, safe transaction. Here are the services Assurance Title & Escrow can provide you in a For Sale By Owner (FSBO) situation.
Impartial Assistance in Closing
Assurance Title & Escrow can function as an impartial entity, neither employed by the buyer or the seller, and can facilitate the closing of a sale neutrally. Our company can ensure that all the necessary paperwork is collected from both sides, filled in and signed properly, and is filed with the proper agencies and authorities.
Two services provided by Assurance Title are critical to protecting the buyer and seller in the transaction – performing a title search on the property and providing title insurance. The title search is an examination of the public records on the property to determine if there are any liens against it or any co-owners who haven’t signed off on the sale. Usually these issues can be cleared before closing if they are identified ahead of time. Title companies also provide title insurance, which is required by most mortgage lenders