Closing costs video 'good intro' to settlement steps

Written by Nikki Smith Tuesday, 01 September 2009

If you're shopping for a home and haven't had a chance to watch this quick introduction to title insurance, you may want to check it out. While "Closing Costs Explained Visually" is targeted toward consumers, real estate experts are also finding it useful.

"Rather than a detailed step-by-step dissertation on title and escrow -- which many consumers really need before the home buying begins -- the two-minute Federal Title & Escrow Co. video is useful as a primer to get you into the basics of the process," writes Broderick Perkins, editor of Deadline News and the Real Estate News Examiner blog.

After a proper intro to the settlement process from Federal Title, home shoppers may then want to read Perkins' thorough three-part title insurance series for a better understanding of today's title insurance industry.

My favorite installment: Part 3 - Shop Around for Title, Escrow Services.

Title insurance companies sometimes get a bad rep, but we're not all bad. Some companies are committed to giving their customers the lowest rate possible on insurance premiums. Federal Title for one is saving home buyers as much as $1,100 through our REAL Credit Program.

As a home buyer, the more you know about the settlement process, the more you'll be able to save on closing costs.

About the Author

Nikki Smith

Nikki Smith

A graduate of California State University, Fullerton, where she served as executive editor of the school's award-winning Daily Titan newspaper, Nikki Smith moved to Washington D.C. in 2006 to take a job as a financial reporter. Since the demise of print, however, Ms. Smith has shifted her focus to the wonderful world of Web. At Federal Title she wears many hats including: copy writer, event planner, media liaison, graphic designer, Web developer and marketing strategist. She is the architect behind federaltitle.com and managing editor of its official blog.

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