Real Estate Myths #6 A title company that is owned or operated by an attorney or has an attorney on the payroll provides me with the best of both worlds, title company services with the attorney making sure I’m protected.
If both the buyer and seller believe this, at least one of them is wrong! More likely, both are wrong. A title company represents the title underwriter, not the buyer or seller. The attorney-owner or attorney on the payroll works for the title company, not the seller or buyer. If the attorney assures one side that one side is represented, then by operating as a title company the attorney is deceiving the other side by leading the other party to believe the title company is an unbiased neutral escrow agent. We are here to solve this Real Estate Myths. At our office, we represent one party, never both, and make no bones about it. Our clients are provided the best of both worlds, title company services at title company prices with the added protection of their own attorney, without deceiving the other side. And remember, we quote all fees and expenses, in writing, and stick to it. Guaranteed!