Why do I need a Title Agent?
A title agent in NYC is typically needed when you are buying or selling a property. The role of a title agent is to research the property title and make sure that it is clear of any liens or other issues that could affect the transfer of ownership.
In NYC, a title agent can also handle the closing of a real estate transaction. This involves coordinating with various parties, such as the buyer, seller, lender, and attorneys, to ensure that all necessary paperwork is signed, funds are transferred, and the property is transferred to the new owner.
Having a title agent can provide peace of mind for both the buyer and seller, as it can help ensure that the transaction is completed smoothly and without any unexpected issues arising. It can also help to prevent potential legal disputes over the ownership of the property in the future.