Who Chooses the Title Company?

Posted by WILMOTH Group on August 26, 2021
Who Chooses the Title Company?

With the exception of HUD owned homes (where the buyer may select the title company) the bank/corporate seller chooses.

WILMOTH Group (as listing agent) has no say in the matter either.

The reason is that the seller has significant amounts of title work completed during the foreclosure process. The Title company contact information is usually provided with the signed documents from the seller. In all likelihood the listing agent will not have this information prior to receiving the document package.

With traditional real estate sales (non-corporate seller) the seller also selects the title company unless the buyer has successfully negotiated their preference of a title company in the purchase agreement. 

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WILMOTH Group is headquartered in Indianapolis, Indiana and Fort Myers, Florida. We focus on providing creative local solutions for a variety of residential real estate needs including, properties for sale, property management services in Indianapolis, and short-term management services in Tampa and Fort Myers.