Buy Sell & Rent

Title & Escrow

After all the hard work which goes into buying or selling a home, the final paperwork and closing should be a simple, transparent and exciting experience. In most situations this is not the case, largely due to the process of getting title insurance (insurance protecting a new homeowner against covered title defects, like a previous owner’s debt, liens and other claims of ownership) and “being in escrow” (the legal procedure where a third party handles the closing of the transaction). Even though these services are only used when purchasing a home, they are vital to the closing process and have resulted in an archaic but billion dollar industry, dominated by a few large players.

How are startups disrupting the industry?

Automating manual and labor-intensive processes such as searching for records using technology instead of agents
Emphasis is on efficiency and providing greater transparency to all players involved
Information is updated in real-time
The majority of paperwork is available in a digital format, accessible throughout the transaction
Through more digitized processes, new companies are able to undercut traditional players, ultimately saving homeowners and mortgage companies time, money and peace of mind.

Title & Escrow

How are startups disrupting the industry?

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