For most sellers, the title company is a mystery. Here’s what they actually do:
- Title search: Confirms you legally own the property and identifies any liens
- Escrow management: Holds funds securely until all conditions are met
- Deed preparation: Drafts the legal document transferring ownership
- Payoff coordination: Pays off your mortgage, HOA dues, and any outstanding balances
- Disbursement: Sends you the net proceeds — often via wire the same day
With a cash buyer like Labros, there’s no lender involved, which cuts weeks off the process.
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