Acquiring a house is the most serious transaction many could ever encounter. Whether it’s a main residence, an additional vacation property or a rental fixer upper, purchasing real property is a complex transaction that requires multiple people working in concert to make it all happen.
You’re probably familiar with the parties having a role in the transaction. The real estate agent is the most familiar face in the exchange. Next, the bank provides the financial capital needed to fund the exchange. And ensuring all aspects of the transaction are completed and that a clear title transfers to the buyer from the seller is the title company.