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How to rapidly Plan title transcript and enhance your workflow
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How to plan title transcript
- [Seth] Hey there, this is Seth from the RE Tipster blog, and in this video, Im gonna give you a runthrough of how to read and decipher and make sense of the things that are written inside of a title insurance commitment. Every now and then, I come across deals that are really, really cheap, and its kind of hard to justify the full-blown cost of closing with a title company, but it is a situation where it does justify me going out and getting title insurance. And whenever you get title insurance like this, and youre trying to still facilitate the closing yourself, eventually youre going to come across this document. And this right here is the title commitment. And whenever you get a title commitment like this, this means that the title company has gone through and done the actual title search portion of the process, so theyve looked at the historical deeds, documents, and records, and theyve developed a thorough understanding of what is the situation with the property. Who owns
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