Las Vegas Realtor and Title Team Share Escrow and Title Secrets to building Wealth

Getting to know our preferred Business Partner with Fidelity National Title , Julie Cimorelli
Las Vegas Realtor, Jason Lindstrom of The Lindstrom Group of Keller Williams Realty Southwest in Las Vegas meets with Julie Cimorelli of Fidelity National Title to explain the team concept, escrow and title secrets, and successful tips that add value and provide leads for Realtors and Home Owners across the Greater Las Vegas Valley.

What does a Title Company Do?

The main role of a Title Company begins after someone enters into formal purchase agreement, is to help sellers transfer their titles, and they help buyers take possession of titles. The also conduct title searches for any existing claims on properties, prepare title insurance for sellers, and maintain necessary escrow accounts for sellers and buyers.

 

Title Searches

When a property is sold, a title company often is tasked with searching the property’s title history for defects or clouds. Typical defects or clouds include other claims on the property from liens and easements, which can affect the value of the property negatively. Title companies conduct title searches and then prepare title abstracts or comprehensive title histories. Mortgage lenders usually require a title search before loaning money.

Title Insurance

Another role of the title company is to issue title insurance to a buyer to guarantee against fraudulent ownership claims. Title insurance usually is a part of the seller’s closing costs. Mortgage lenders also require title insurance before funding a home loan. Through title searches, title companies arrange for the title insurance on behalf of the seller and the buyer and produce the policy at the closing.
We are so thrilled to partner with Julie and Fidelity National Title! Check out our video, and contact us today with any questions you may have.

Contact Julie Comorelli
Phone: 702.303.0883 Fax: 702.942.8143
jcimorelli@fnf.com
The Lindstrom Group of Keller Williams Realty Southwest in Las Vegas proudly serves investors, first time buyers, relocating families, the military community, as well as standard and distressed home sellers.
Search homes for sale here for free.
Please contact us with any questions you may have. We also welcome your comments and subscription to our Blog.

The Lindstrom Group

Keller Williams Realty Southwest

6180 Brent Thurman Way, Suite 200 | Las Vegas, NV | 89148

Office 702-540-1327 | Fax 702-988-8795

 

This entry was posted on Tuesday, May 27th, 2014 at 5:41 pm and is filed under Keller Williams Realty, Las Vegas Community. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

- See more at: http://lindstromandassociates.com/2014/05/27/las-vegas-realtor-and-title-team-share-escrow-and-title-secrets-to-building-wealth/#sthash.WtoFay8h.dpuf