In North Dakota, your local abstract/title company is responsible for creating or updating the Abstract of Title (aka title search),issuing title insurance for you and your lender, coordinating all the paperwork, conducting the closing and disbursing all of How to Select A Title Company Who Chooses the Title Company? Ask your lender if you are allowed to shop for title services,including title insurance, the title search and your closing company. According to the Real Estate Settlement Procedures Act, the BUYER chooses the title company. The Seller (or the realtor) may suggest an alternate company, but the Buyer is under no obligation to switch. As the Buyer, you want to make sure that your home is protected and has clear title. Know your options! the funds. Reputation & Experience: A home is very likely the largest purchase you will ever make in your lifetime, you want a reputable company with years of experience in your area. Your local companies have the best knowledge and a good understanding of the laws and customs. Ask for referrals from people you trust, or in our small communities,maybe you know someone who owns or works at an abstract/title company. If you DO have a preference, exercise your right to choose the title company you want to work with. A good title company does two things really well: Coordinate the transaction efficiently Provide exceptional customer service Remember, the realtor and lender work for YOU! You are paying them to help you through this process. They should have an online presence, with an easy-to-read website giving a bio. Refinancing? Same goes here. It is sometimes suggested to use the title company you showing the services they offer, complete contact information and links to their social media pages. You can also look at their online reviews. used for your original mortgage; however, you are again free to choose who you wish. Fees: Here in ND, most fees will vary by company, except the fee for updating an Abstract of Title is set by state legislation and title insurance premiums are approved by the insurance commission. Feel free to call or email for a cost estimate. Experience Counts! Support your local economy by choosing a diligent, reputable and trustworthy title company with years of experience in your county, who won't overlook a title issue or cut any corners during the process. Customer service: Your abstract/litile company reps are always happy to answer any question you may have about any part of this complex process. They know you don't do this every day, like they do! There should be strict privacy policies, encryption to protect email communication, and wire fraud prevention measures in place at all companies. Final Thoughts: After the long process of buying a home, you want to know a reputable company is closing the deal. When you research the their experience and reputation, you can help make sure the closing goes smoothly to protect your investment! In the end, you should walkaway from the closing table with not only the keys to your new home, but with the confidence and knowledge that your ownership is protected! Yes Say to your new address with Abstracts Title Insurance Closings ABSTRACT CO. s COUNTY. LOCALLY OWNED WILLIAMS FOR So Serving Williams County since 1907! Our knowledge and experience cannot be beat! 701-572-3381 www.WilliamsAbstract.com facebook.com/WilliamsCountyAbstract Abstract@WilliamsAbstract.com Tell your realtor and lender you choose us! 123 East Broadway, Williston, ND 58801 In North Dakota, your local abstract/title company is responsible for creating or updating the Abstract of Title (aka title search),issuing title insurance for you and your lender, coordinating all the paperwork, conducting the closing and disbursing all of How to Select A Title Company Who Chooses the Title Company? Ask your lender if you are allowed to shop for title services,including title insurance, the title search and your closing company. According to the Real Estate Settlement Procedures Act, the BUYER chooses the title company. The Seller (or the realtor) may suggest an alternate company, but the Buyer is under no obligation to switch. As the Buyer, you want to make sure that your home is protected and has clear title. Know your options! the funds. Reputation & Experience: A home is very likely the largest purchase you will ever make in your lifetime, you want a reputable company with years of experience in your area. Your local companies have the best knowledge and a good understanding of the laws and customs. Ask for referrals from people you trust, or in our small communities,maybe you know someone who owns or works at an abstract/title company. If you DO have a preference, exercise your right to choose the title company you want to work with. A good title company does two things really well: Coordinate the transaction efficiently Provide exceptional customer service Remember, the realtor and lender work for YOU! You are paying them to help you through this process. They should have an online presence, with an easy-to-read website giving a bio. Refinancing? Same goes here. It is sometimes suggested to use the title company you showing the services they offer, complete contact information and links to their social media pages. You can also look at their online reviews. used for your original mortgage; however, you are again free to choose who you wish. Fees: Here in ND, most fees will vary by company, except the fee for updating an Abstract of Title is set by state legislation and title insurance premiums are approved by the insurance commission. Feel free to call or email for a cost estimate. Experience Counts! Support your local economy by choosing a diligent, reputable and trustworthy title company with years of experience in your county, who won't overlook a title issue or cut any corners during the process. Customer service: Your abstract/litile company reps are always happy to answer any question you may have about any part of this complex process. They know you don't do this every day, like they do! There should be strict privacy policies, encryption to protect email communication, and wire fraud prevention measures in place at all companies. Final Thoughts: After the long process of buying a home, you want to know a reputable company is closing the deal. When you research the their experience and reputation, you can help make sure the closing goes smoothly to protect your investment! In the end, you should walkaway from the closing table with not only the keys to your new home, but with the confidence and knowledge that your ownership is protected! Yes Say to your new address with Abstracts Title Insurance Closings ABSTRACT CO. s COUNTY. LOCALLY OWNED WILLIAMS FOR So Serving Williams County since 1907! Our knowledge and experience cannot be beat! 701-572-3381 www.WilliamsAbstract.com facebook.com/WilliamsCountyAbstract Abstract@WilliamsAbstract.com Tell your realtor and lender you choose us! 123 East Broadway, Williston, ND 58801