Title Business
Health concerns have created disruption in title business practices and are forcing changes to real estate closings in 2020. As the ‘new normal’ continues to evolve, title companies are adapting in their own ways, each at a different pace. Some have quickly embraced changes required for social distancing while others are taking a little longer…
Read MoreRecently released national closing cost data showed that in 2019 average closing costs remained flat despite an increase in home prices. The average closing costs in Texas was $3,744 with an average sales price of $274,163. The average closing costs in Texas was 1.75 percent of the sales price. That put Texas ranked 28th in the…
Read MoreTitle companies are considered an essential service along with appraisers, banks, and mortgage companies. Most of us are still conducting business and working hard for our clients. Like all businesses in Texas, the U.S., and the world, we are operating in a different way during this health crisis. We have a duty to take care…
Read MoreAs the situation with the novel coronavirus continues to evolve, the title business is responding. Currently, the title business is not seeing many interruptions in business. For the most part, transactions are not being delayed or canceled due to current restrictions. Aside from a few inconveniences, it’s mostly business as usual in the title world.…
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