iBuying company Opendoor has made another acquisition, this time buying a national title and escrow service provider called OS National. Opendoor will now be able to integrate that firm’s title, escrow and closing services into its online home buying and selling platform, it said. Opendoor is the trailblazer in the iBuying industry, in which it
Should I Choose My Own Title Company?
A title company facilitates a real estate transaction between a buyer and seller. The title company searches for any liens on the property, collects all of the funds and holds them in escrow, prepares all of the documentation to transfer title, disburses all of the funds to the appropriate parties at closing and insures the buyer against any claims to the title that may appear after the closing
Real Estate By The Numbers – Understanding Closing Costs
Closing costs are those costs associated with the purchase of a home or investment property. They are paid “at the closing of escrow”. For the typical home buyer who is purchasing a home to live in, the majority of the closing costs are usually related to the loan.