Home Bookmark Me! What We Offer Relocation Info Free Relocation Kit Homes For Sale MLS Databases Single Family Homes Condominiums Gated Communities Golf Communities New Construction Retirement Areas Towns & Villages Architectural Styles Charlotte Info Employment Schools For Kids Area Maps Relocation Info Your Language Response Form Mortgage Info Pre-Qualify Buyer's Brokers Home Inspectors Title Companies Real Estate Lawyer Moving Companies Hotels Bed & Breakfasts Luxury Resorts Restaurants Short Term Housing H.R. Professionals Company Founder Utilities/Services Home Maintenance Buyer's Broker Mortgage Pre-Approval	Title Companies Do You Need a Title Company, an Attorney or Both? The process of purchasing a home can seem very confusing if you don't know which professionals to call on for assistance. It is a good idea to begin with the state regulations for real estate transactions. Some states require an attorney to close a real estate deal, while in other states a title company presides over the transaction. In North Carolina, an attorney is required. Generally, the bank's attorney presides over the real estate closing. But, keep in mind that the bank's attorney represents the bank's interests. Therefore, you should hire an attorney to represent you. Hiring a real estate attorney is a minimal expense that could be well worth the piece of mind it provides you. Without an attorney of your own, no one is looking out for your best legal interests. If something unusual comes up in the closing, it would be good to have an attorney in your corner. Your attorney will advise you on all phases of the real estate transaction, including purchasing title insurance and reviewing the contract for you. Why You Need Title Insurance Owner's title insurance protects you against financial loss caused by covered title risks. Many title problems can cause the complete or partial loss of your home or property. Even the most careful search of public records will not find every lien or encumberance to a property title. If someone presents a legitimate challenge to your title, you may face losing your property. The title insurer, without expense to you, will defend you against an attack on the title to your property. The title insurer will indemnify you against the defined financial loss up to the policy limit. For more information on this subject or for names of real estate attorneys, please contact us by email.