YOU HAVE THE RIGHT TO SELECT YOUR TITLE COMPANY

The buyer has the federally protected right under the provisions of the Real Estate Settlement Procedures Act (RESPA) to choose the title company. Most purchase agreements make clear that the Buyer selects the title company before whom the closing shall take place.  It is your right to select the title company, even when the seller is paying some or all closing costs, you are the one that will pay the sales price.  So, you should select a title company you believe will handle matters accurately and competently for your transaction.

OUR WORK BEGINS WEEKS BEFORE THE CLOSING DATE

Our work begins weeks before the closing date when we receive a Request to Open Title from your real estate agent, your lender or you.  Our first step is to open a file, confirm information in the purchase agreement or title order with you, your agent and your lender.  Next we prepare an abstract of title for an attorney who is licensed in Louisiana to review to determine that the seller’s title is clear of defects.  Once it is determined that the title is merchantable Preferred Title prepares a title commitment for your lender along with supporting documents your lender may require.  Preferred Title works closely with your real estate agent and your lender to coordinate the closing date so that “Closing Day” is one you will enjoy.