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The title company that you choose can greatly influence the closing process. It can determine whether a property sale/purchase will be successful or not. If you are asking yourself whether you can use the seller's title company, the answer is YES.

Title companies usually manage the closing on your home. This service may be called settlement. They appoint a signing agent or real estate attorney (depending on what your state requires) to review all closing documents and finalize the deed and title transfer.

The answer to this question is YES. The accepted practice in real estate industry is for the buyer to submit an offer to purchase a property either alone or through an agent. The buyer will then select a title company.

The buyer and seller reach an agreement about who selects and pays for title insurance. In some cases, the buyer selects the title company and pays for a lender's insurance policy. Sometimes the seller selects the title company and pays for an owner's title insurance policy.

California Home Sellers Must Use a Title Company and Might Need to Pay for Buyer's Title Insurance.Be aware that the Real Estate Settlement Procedures Act ("RESPA"), a federal law, prohibits the seller from requiring a buyer to use any particular title insurance company as a condition of the transaction.

If you are involved in a real estate transaction you always want to use your own title company whenever possible.Your own title company will tell you if a lien on title can be covered by escrow funds and how much should be held. Or they will tell you the lien must be paid off or satisfied before you close.

There are many factors to consider when selecting a title insurance company, such as local expertise, service standards, market conduct and commitment to the community. Be sure to shop around and ask questions to make sure you're comfortable with your title company.