I can do the closing for you, but I cannot provide the title insurance. In most situations, you want title insurance coverage and its worth paying for. And as far as investigating the chain of title, checking for liens, etc goes, the title company is often cheaper than I am. I send that kind of work out to a title firm somewhat than doing it myself, to avoid wasting purchasers cash. Also, because the title firm is the one that’s insuring the title, they are going to do that work in any case to guard themselves.
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To make clear, even when a state is not an attroney state, I’m positive an legal professional can shut an actual estate transaction, I’m very confident about that. The purpose they could not is not which are restricted from closing but from a liablity and economic standpoint, a title firm may be the most well-liked and financial choice.
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