What's the Purpose of Title Services?

When you decide to buy or sell a house, you might have to hire title services to handle all the paperwork. However, you might not know exactly what these companies do. The Youtube video "What Does the Title Company Do?" has all the information you need to understand why their work is so important.

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Title services perform many duties when you want to buy or sell a home. One of their main jobs is to collect and cash your checks, and to keep them safe. They're a third party holding on to your money. If something goes wrong before the sale of the house is done, you want to make sure that no one else can access the money and tamper with it. The only way for them to give that money away when things fall through is tons of paperwork and red tape.

One of their other jobs is to pull record documents in order to start the process of giving you title commitment. This way you can find all the public records of that property such as loans, mechanic's lien, gaps in ownership, etc.

You can watch the rest of the video for more details about hiring title services.