We will be using this site to post various information concerning the Title Insurance Industry. We hope that you find the information useful and informative. Please post any comments or topics that you are interested in discussing. Thanks
Wednesday, September 3, 2008
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15 comments:
Greco Rocks.
I understand that a title company gives me a insurance policy that I am told I have to have and that it insures the "title" to the property. Does it really matter what title company I use? As long as I have a policy everything else is the same right?
What makes Greco any different?
Your title insurance policy provides a great deal of comfort in revealing to you, the property owner, issues that may effect your interest in the property. I know I'm probably biased, but I really believe that who you choose for title and escrow services makes a great deal of difference in what is usually a long term investment. The "Customer is King" is the heritage of our 35 year old company. It's easy to be a title company when your customers have no problems. But when a customer comes to you with a real property issue concerning probably the most significant investment of their life, it's the difference between a company who tells you, "you're not covered" or "we can't help you" and what you will hear from a Greco Title employee which is, "how can we help?". Our founder Philip F. Greco, built the Philip F. Greco Title Company on pride in what we do and the integrity to stand behind our work.
I am selling my home though a real estate agent. They said I had to use their title company. If I am paying for it can't I choose which title company?
Contrary to what you've been told, you, are NOT required to use a specific title company. Customarily, the seller will usually provide a policy of title insurance to the buyer. Based on the fact that you are paying the title premium on that policy, you can direct the title work to a company of your choice. Title insurance premiums are filed with the state of Michigan, so every premium out there will be the same. Where the difference lies is the kind of service you will receive from the company you employ. A company with a long history of service to their customers should speak volumes regarding what you can expect in getting your transaction closed.
This is a vey informative space for comments and one can check out Title-Opoly a national blog space to learn how answers to the questions I have observed are correct. Greco Title is for the customer of a real estae tansaction and a forerunner others have yet to follow.
Excellent development and I wish it's continued success.
This is an exellent example of how Grec Title understands the future of title insurance industry.
Another national title blog location title-opoly.com will reinforce the opinions expressed by the blog author. End consumers of this insurance will benefit from a visit here as a confimation of service rendered by Greco Title
Greco is continuing to empower the consumer.
When there is cloud on title after a clear title closing How do you contact the Title Insurance Company? A closing took place at Greco however the Title Insurance Company I think is Chicago Title? Who do you talk too? Does Greco have anything to do with something like this?
Any questions that you have AFTER a closing regarding the title to your property should be directed to Legal Resources in our company. Our department is in the main office in downtown Mt. Clemens. Please have available your file number, or, if you don't have that handy, the address will do just fine. We may need to have the file pulled so that may necessitate a return phone call, but we will get back to you promptly. Once we have your file, we can discuss issues of concern and how best to help you.
Do you all handle realestate purchase with a private bond/primissory note
I'm not sure I understand. Are you asking if a real estate purchase can take place using a promissory note or bond?
My contractor & previous owner are being sued for unpaid services. I was recently delivered a summons & complaint b/c I was named in the suite. My title is thru Greco. Am I covered? I love the blog by the way! Very smart feature I must say!
I was currently divorced. I need to change ownership of my home to my name only. What documents would you need to accomplish this for me? And do I have to have my decree certified? Thank you.
I'm assuming that your divorce is final, and that the divorce decree states that you get the house. If that's the case, you can either have your ex sign a quit claim deed conveying title to you in the alternative, many divorce decrees contain language which allows the conveyance of the property to occur once a certified copy of the divorce decree is recorded. This also assumes that the property in question is clearly recited in the decree. I would recommend that you discuss this with your attorney in order to ensure this is done correctly.
Just wanted to say Thank You for your superior service and personable approach to our home closing!! We look forward to referring our friends to your company! And look forward to you handling our Florida home refinance next month! We were pleased to hear that you have a national division to handle our out of state closing also!! Thanks again & God Bless You and your staff and your continued growth!
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