Episode 19: How to Work with Title Companies as a Money Lender
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Tired of dealing with delays and confusion from title companies? In this episode, Rich Lennon shares key strategies to ensure smooth interactions. He provides expert tips on handling paperwork, insurance, and communication with title companies. These insights will save you time, avoid costly setbacks, and ensure your deals close efficiently. If you're a money lender, this episode is essential for improving your process and protecting your investments.
You’ll learn how to:
- Streamline communication with title companies for quicker closings.
- Manage insurance and title company paperwork more efficiently.
Avoid delays by understanding the title company requirements. - Safeguard your investment by handling title company issues properly.
- Implement clear instructions to prevent payment delays at closing.
What You’ll Learn in This Episode:
(00:55-01:30) Learn how to improve your communication with title companies
(01:45-02:20) Discover the importance of introducing yourself to title companies.
(02:40-03:10) Understand why prompt responses and documentation are essential.
(03:30-04:00) Tips on handling title company paperwork and insurance requests.
(04:10-04:45) Why a 48-hour clear-to-close is necessary for smooth operations.
(05:00-05:30) Learn how delays in title companies can impact your projects.
(06:00-06:40) Discover how to handle wiring money and avoid complications.
(07:10-07:45) How to manage unexpected delays when title companies close deals.
(08:00-08:40) The importance of proper paperwork when closing with title companies.
(09:00-09:40) Learn about key insurance requirements and title policies for lenders.
Who This Episode is For
- Real estate investors
- Money lenders
- Anyone involved in property transactions
- Those who work with title companies
Why You Should Listen
This episode offers practical advice for working effectively with title companies. By following these tips, you can protect your investments and improve your workflow as a money lender or real estate investor.
Follow Rich Lennon here:
Website: https://richlennon.com/
Facebook: https://www.facebook.com/rich.lennon.121
Instagram: https://www.instagram.com/richlennon92/#
29 episodes