At any time, a property transaction holds significant value for the buyer, both from the financial as well as the emotional point of view. However, any such transaction is potentially risky. Disputed ownership claims on the property for taxes and loans, wrong records, etc. can lead to a huge financial loss for a buyer, not to mention the possible legal ramifications of it. That is why no property transaction is safe and complete unless it is backed by a title insurance company/title agent. It is always advisable to engage the services of a professional title and settlement company.
Title companies undeniably have complex jobs with unpredictable workloads, which can be primarily attributed to the cyclical nature of the real estate domain. The first two months of the year are peak periods for buyers, whereas the end of spring through the start of summer is popular among home listers. Thus, it is essential that title companies plan their workload effectively to cater to these periods of high volume. Also, since every state has differences in terms of regulations, they need to be really watchful to get all things right.
For the last decade and more, Texas has seen a record number of property transactions. The year 2020 saw nearly 400,000 properties being sold in Texas with a growth rate of nearly 10%. The sheer volume of yearly transactions makes Texas one of the most important states for property dealings. Texas is also unique in a lot of ways due to its laws for property transactions. To execute property transactions, a title agent must have a physical presence in the form of an office in the respective Texas county and the transaction needs to be closed in Texas.
In Texas for Texas:
Fugo is a one-stop shop for all your needs in Texas. You can rely on us as your single source for Title and Settlement support services. We are not just another player in this space. We are present locally in Irving, TX, understand TDI laws and bring to the table a solution that is specifically developed for Texas.
While examination and production of title commitments is centralized through our Irving office, our online access enables us to provide searches for most counties in Texas. In addition, we have well-established ground partnerships right through Texas to ensure speedy responses. We offer you end-to-end support for all your Title and Settlement support needs in Texas.
The Fugo Touch:
We work as partners with our clients to improve their overall efficiency, capacity, and customer satisfaction levels while optimizing operational costs and cycle times. Through 3.5 million-plus flawlessly executed transactions annually, we deliver savings in excess of $2 million for our esteemed clients. For over a decade, we have built trust for our brand that sees us work with more than 700 network partners nationwide.
We process 600+ search orders each day and prepare commitments for Title Insurance companies. We pride ourselves on our accuracy, speed, and domain expertise. Our seasoned and certified Title Examiners work diligently with a great eye for detail and identify potential issues on Title. We help Title Companies with accurate and up-to-date title information so that they can ensure a Title that’s clean. We are focused on ensuring compliance for our customers and have a no-compromise approach when it comes to data confidentiality and privacy.
Advantages with Fugo:
- The specially developed solution for title support services in Texas
- 10 plus years of domain expertise
- Up to 40% reduction in TAT by leveraging modern technologies
- Up to 30% reduction in operational costs
- High flexibility to scale capacity as needed
- Highly customizable solutions as per client needs
Conclusion:
When Title companies in Texas look for Title and Settlement support services, they are looking for a partner who has a deep understanding of relevant state-specific laws and has an office presence in Texas. They also look for quick results, accuracy, privacy, confidentiality, and most importantly someone who can ensure compliance.
Fugo Services is the answer to all of the above. Reach out to us for your title production support needs in Texas.
