Absolutely, if you want to pay for either or both. We’ve closed many transactions ourselves and it’s super easy, so we will do it free of charge. However, if you want to pay for an escrow service you are more than welcome to do so.
We do sometimes purchase title insurance on our acquisitions, but you can do as you please. It’s generally not necessary for you to purchase title insurance, especially if we’ve already purchased title insurance on it. We generally utilize title insurance for marketing purposes, but it’s not a wise investment unless you plan to take out a bank loan. Here’s an article from Forbes on title insurance that lays out many reasons why you shouldn’t purchase it unless it’s required.
For “Pay Now” cash purchases, we can close and record the transactions ourselves, so we don’t pay for escrow services. After we receive payment, we’ll prepare a deed and ask you to review it. Upon your approval, we will notarize it and send it to the county for recording. In the vast majority of the counties that we own property, we can record the deeds electronically, so it’s usually just a couple of days after the closing date that we can email you the recorded deed.
For “Pay Monthly” purchases, we will record the deed when the promissory note is paid in full.