When handling your funds, what kinds of procedures does the title company have in place? How do they balance escrows? If you’re a real estate professional and recommending a title company, why should your client wire their money to this company if you wouldn’t?
As a real estate professional, exercise your fiduciary duty by taking measures of “reasonable care and diligence” by:
Land Title's funds protection measures allow buyers and sellers to experience peace of mind. All escrow accounts are reconciled daily, all wire transfers go through dual authorization and approval, and bank-issued electronic security measures are used to generate unique passwords for every transaction.
Land Title carries $10,000,000 in fidelity coverage and $4,000,000 in errors and omissions insurance.
When researching the financial strength of an underwriter, consider:
Land Title partners with the most financially stable underwriters in the country so you can rest assured your investment is protected. We also undergo independent, third-party audits to ensure our practices are industry-standard.
Land Title's four underwriters are Land Title Insurance Corporation, Old Republic Title, First American Title Insurance Company, and Fidelity National Title. Land Title also maintains Unsurpassed Financial Stability Ratings® from Demotech, Inc..
When considering an affiliated title company, be sure to ask:
At Land Title, we believe that all parties deserve an independent and unbiased title company. We don't have any affiliated business arrangements with any real estate, lending, or builder firms.
Land Title is an independent title insurance and closing services company that believes in providing exceptional service to everyone throughout the transaction.
Notably lower rates could backfire on a buyer or seller because:
For the most accurate rate information, please use Land Title's residential rate calculator or lender rate calculator.
To obtain a printed version of Land Title's rate information, please contact your sales representative.
Detailed title searches and exception reports are important because:
Getting the little things right is big at Land Title. We perform a careful search on every property to ensure accurate real estate records. We use Linked Commitment Delivery system, an exclusive Land Title-developed technology, to list all exceptions by name and provide supporting documentation online.
We are also a member of SKLD, Colorado's trusted property records database, to pull property records from. Land Title builds and maintains title plants in counties unavailable in SKLD, and spends about $1,000,000 annually to maintain accurate real estate records.
Consider partnering with a locally owned and operated title company like Land Title because:
Land Title knows and understands Colorado real estate laws, customs, and markets like it's our own backyard - because it is. 100% of our work is done locally, so we respond more quickly.
With over 50 offices statewide and 700+ employees, we offer big company stability with a small firm's personal service. Land Title is also committed to Colorado, supporting many local charities and events.
Ask if your title company follows ALTA’s seven best practices because:
Land Title is ALTA certified. We continually improve our processes, systems, and products and services to maintain compliance with ALTA's best practices and exceed customer expectations.