Monday, February 13, 2017

Title Company Fun

When you buy a house, the last step involves the Title Company. Here you have to sign-off on about 20 pages worth of disclaimers and warnings before turning over your cashier's check and getting the deed .

The last time we bought a house, the Title Company's charge was $1,600. Lan and I decided that we would try to get our money's worth.

Most people quickly scan the documents and just sign each page in a process that usually takes about 20 minutes. For us, it took an hour and a half. We read each section carefully, discussed what was meant, and asked the Title Company rep, Megan, for clarification on each point.

When we got to the bottom of each page, there were two places for signatures. As we had planned, Lan signed first and then I signed below her signature. After about an hour of this, Megan was starting to get visibly annoyed. When we neared the end, she turned to me and asked, "Why does your wife always sign first and then you sign below her?"

"Isn't that the way everyone does it?"

The look on her face when she realized how we'd been messing with her was almost worth $1,600.

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