Each real estate buyer will need to perform a title search to ensure that they are getting full ownership of the property, and they are faced with a choice of whether to hire an attorney or title company to perform that search. The best decision would be to hire an attorney.
Title companies can only perform searches. They will present the results of what they found. Ideally, the title is clear, but that is not always the case. If there are legal problems with the title, you will need advice about what to do, but the title company cannot provide legal advice. Only an attorney can provide legal advice. Hiring an attorney allows you to have one person perform a search and address issues.
Lawyers Can Provide Legal Advice
Settlement can be a stressful process, and you want to have someone who can quickly address legal issues. A lawyer has the legal knowledge and experience to not only search a title, but also to help you with additional legal concerns and questions. The title company owes you no obligation to provide you with any level of service. They will search and prepare the documents, but their role is not one of customer service and help.
Many people think that a title company will be a cheaper alternative to provide the same service. The problem is that the service is not comparable, but the fees charged by title companies are. Even if an attorney costs slightly more, it is a worthwhile investment when you are making what may be the costliest transaction of your life.
Consult with a Melbourne Residential Closing Attorney
Harnage Law assists clients with a diverse range of real estate transactions, providing a full range of services to help you get the deal done. Call a Melbourne residential closing attorney today at 321.549.7886 or contact us online to learn more about the value we add to your closing process.