Title insurance is boring, but Allied Title & Escrow is here to decode the jargon and make it (somewhat) more interesting. This biweekly feature will explore the mundane (but very necessary!) world of title insurance while sharing interesting stories of two friends’ entrepreneurial careers.
Are you ready to buy a property or refinance, but don’t want to leave your residence? There is a great option now available that allows you to close on your home without leaving your home.
Borrowers can now appoint the title company as a limited power of attorney, which allows the title company to sign the closing documents on their behalf. All the borrower needs to do is sign a limited power of attorney (which gives the title company authority to sign for the borrower), and then they can close on their home over a Zoom meeting with the title company.
For this week’s edition of Boring Title, CEO of Allied Title & Escrow Latane Meade speaks with Brackton Pratt, Senior Vice President of First Savings Mortgage Corporation. First Savings has rolled out their FSMC SAFECLOSE program which uses the newly regulated LPOA signings.
Check out this 2 minute video on the new program and how you may be able to benefit from this!
Have questions related to title insurance? Email Latane and Matt at [email protected]. Want to use Allied Title & Escrow when you buy a home? Tell your agent when you buy a house to write in Allied Title & Escrow as your settlement company!