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Message
re: Real estate attorneys: is title insurance needed?
Posted on 1/16/14 at 10:24 pm to LSURussian
Posted on 1/16/14 at 10:24 pm to LSURussian
quote:
Thanks again.
No problem at all.
He wants to collect that owners title because he isn't getting any lenders. For title attorneys, the gravy is the commission. 95% of our closings have a lender attached and so there is usually not a hard sale on owner's.
As far as him wanting to collect that $760 - possibly. Some do and some don't. If a closing falls through usually there are enough other people involved that you don't want to upset (realtors, originators, etc) that you just let it go. At least that is our practice.
Next time you have a transaction let me know. We will take care of you in the BR area and won't put the hard sale on you.
This post was edited on 1/16/14 at 10:26 pm
1
Posted on 1/16/14 at 11:02 pm to rmc
quote:
Next time you have a transaction let me know. We will take care of you in the BR area and won't put the hard sale on you.
I will do that.
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