Did you know that the Buyer ALWAYS get to pick Escrow and Title and if a Seller, Builder, Leander or Agent try to force the Buyer to use someone other than the Escrow or Title company of their choice that they are violating RESPA?
Point Escrow Tip of the Week!
The choice of which title insurer and escrow agent to use is up to you the BUYER. Under federal law, the Real Estate Settlement Procedures Act (RESPA), the seller, your real estate agent, or your mortgage lender cannot require you to buy title insurance from any particular company. You may also choose one company for escrow services and another company for title insurance.
If your seller insists you use a certain title or escrow company, or threatens to cancel the transaction if you