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Businiess name:
New House Title
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Review by:
citysearch c.
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Review content:
The problem with many of these complaints is the lack of knowledge by the reviewer.
This title company does closings on foreclosed properties that are bank owned. Listed below are the tiems that people need to understand on these types of transactions:
Sellers are out of state.
Asset Mgmt companies are out of state.
The titles are not clean on these types of properties and often take a good amount of time to rectify.
Realtors are not educated on the process of these type of transactions.
Sellers require at least 48 hours to approved HUDS and sometimes may not even approve them in time.
These transactions are not easy to complete by any means. There are virtually few, if any, title companies that have the experience and staff to handle the ongoing foreclosure volume that New House Title does.
Staff turnaround is always an issue in high volume, high stress environments.
Please be educated when purchasing a foreclosure. This will not close effortlessly and in 15 days.
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