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In this tutorial, Jean Armendariz Kerr from Mode Realty Network and Peter from Homestead Title Company discuss the role of title companies in transactions involving seller financing, such as land contracts, compared to traditional mortgage financing. They clarify that the title company's primary functions remain consistent regardless of the financing method. These include handling closing services, managing all documents and funds, ensuring proper signing and recording, and providing title insurance to the buyer. The main distinction arises in transactions with traditional commercial lenders, but the overall process for seller financing remains largely unchanged.
