Buyer Information
Why We Recommend Using the REO Banks' Preferred Title Company
When you’re buying a bank-owned home (REO), choosing the right title company can make or break the process. We know it’s tempting to go with a company you’ve used before — and there’s nothing wrong with wanting to work with someone familiar. But here’s the catch: most traditional title companies aren’t set up for the unique requirements that come with bank or REO sales. That’s when the headaches start.
The banks we work with have preferred title partners for a reason: they know the systems, the paperwork, and the timelines inside and out. Using them often saves you time, money, and a lot of stress.
Here’s what you get by using the bank’s preferred title company:
💰 Built-in Savings
When you use the preferred provider, the seller often covers the cost of the owner’s title policy — a benefit you won’t get if you choose your own company.
📑 Experience with REO Closings
These companies handle bank-owned transactions every day. They know the software, the forms, and the compliance rules backward and forward, which means fewer errors and less back-and-forth.
✅ Transparent & Compliant
Preferred providers follow all RESPA guidelines, so fees are clear and accurate. No last-minute surprises.
⚡ Faster, Smoother Closings
They’re equipped to keep communication flowing, avoid wire delays, and get the HUD approved quickly. In short — you get to the closing table faster.
Bottom line: you’re free to choose any title company you like, but if your goal is a smooth, stress-free closing on a bank-owned home, we highly recommend going with the bank’s preferred provider. It’s one of those decisions that can save you a lot of time, money, and frustration down the road.