How to Choose a Title Company When Buying or Selling a House

We buy houses in Maryland and Washington DC for cash

Purchasing a house is one of the largest investments a person makes in his or her life. Most people don’t fully understand the home buying/selling process. Every house transaction involves a title company that handles the actual transfer of the house. Title companies vary in quality, price, and experience. You have the right to choose your own title company. Most people don’t take advantage of this right. Choosing the wrong title company could cost you more money and title issues down the road. Here are some factors you should consider when choosing a title company in Maryland, Virginia, or Washington DC:

Reputation and Experience

Undoubtedly, you would want your work to be handled by a reputable and trustworthy company, especially if you want to sell my house fast in Maryland or Washington DC. Thus, it is essential that you check the reputation and track record of the company you are considering. Check online reviews and ask a few realtors if they have experience with the company. Call the company and ask them questions about their process.

Office Location

Choosing a title company near you is helpful if you need to discuss issues in person, drop off checks, etc. If you close at their office, having it near by will make your life easier.

Fees

House transactions are very expensive. The last thing you want to do is waste money on title fees when you are trying to sell my house fast in Maryland, Virginia, or Washington DC. Ask the company about their fees and force them to provide estimates. Check around with other companies and compare prices. You could end up saving thousands of dollars.

As always, at 8 Day Home Sale we buy houses in Maryland, Virginia, and Washington DC for cash. We have years of experience buying houses and working with title companies. If you sell your house to us, you can rest assured we will handle all title issues.

Pros and Cons of Buying a New Home

we buy houses for cash in maryland

If you are looking to sell your house fast for cash in Maryland and move, you will need to decide whether you want to buy a new house build or a previously occupied house. Here are some pros and cons:

Arguably the best part of buying a new home is the fact you are starting with a clean slate. No one has put their personal stamp on the home, and it really is a blank canvas for you to paint and enjoy. The home will reflect your personality and taste in no time. If you are buying before it is finished, you also have the opportunity to customize everything.

With a new build there is no waiting around for anyone else to finish dealings (e.g. title and loan issues) with their property so proceedings can move a lot faster. This can be countered however by any building works that take longer than expected.

A con with new builds is resale value. Often times comps haven’t been established so resale value is somewhat unknown.

Most new build are now fitted with new products and finishings. New products especially appliances are safer, last longer, and are more energy efficient.

Most new build properties come with warranties for around 10 years. This is something unique to new builds and really does remove the potential headache that comes with the uncertainty of buying an older property.

The neighborhood is also something you can get more knowledge of in an older property. There is more information available about the standard of the surrounding area. Sometimes with new builds you are not sure on the reputation of the area for years. Schools in the area are often new so it can take time to find out how well they perform also.

The biggest con for new builds is price. New houses cost much more than older ones. Also, closing costs can be substantially higher.

Hopefully this information helps you make the best decision. If you need to sell your house fast for cash, let 8 Day Home Sale help.