Who Chooses The Title (escrow) Company In A Real Estate Transaction In Oregon? The Buyer Or The Seller…

According to the Oregon Association for Realtors (OAR) the answer is no one! According to a recent news and information letter sent out by OAR the Real Estate Settlement Procedures Act or “RESPA” does not dictate that either the buyer or seller chooses escrow. Rather the terms of the sale (reached through negotiating) dictate whom chooses a escrow/title company. RESPA was created in a attempt to help standardize real estate closing procedures (escrow) and in turn alleviate any confusion of the buyers or sellers regarding closing cost. So who chooses the title/escrow company in a real estate transaction? In a sense you do…

Visit me on the web: www.CentralOregonRealEstate-KyleHoak.com or www.SunriverNewsOnline.com Email: khoak@prunw.com Cell: 541-639-7760 Office: 541-593-1234 ex. 7037

2 Replies to “Who Chooses The Title (escrow) Company In A Real Estate Transaction In Oregon? The Buyer Or The Seller…”

Thesa Chambers, Principal Broker, ABR, CDPE says:

October 25, 2010 at 7:08 pm

found this on a google alert regarding Sunriver Real Estate – nicely done Kyle – there are also consequences if you force a title company – which does seem to be an issue with the bank owned and short sale listings out there – Escrow and title are negotiated –
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Kyle Hoak has been rated by 31 clients.

“Kyle's demonstrated knowledge of the local market, accessibility and integrity combined with the integration of a lender and Escrow/Title company was second to none. Why would anyone use another agent?”

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John and Laurie A., Redmond OR

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Lance Wesr

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Timme Taylor-Bennett, Salem, OR

“Kyle is an excellent partner in selling our home. Our property is a second home and he made every effort to assist with inspections and minor repairs on our property. Signing documents online and setting up notary and paperwork to be signed in our area. He is very knowledgeable in the dynamics of the Sunriver resort.”

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Jones, Portland Or

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Patrick Duffy Bend Or

“I guess I already gave a testimonial in the previous screen, but again I will say that Kyle is the full package. Our sale was challenging due to several offers failing as a result of the buyers not beig able to close and a poor effort by one VA appraiser. So third time was a charm and each and every time we were back on the market Kyle came forth with another Offer with in a few days. Great Job! Pat and Sue Duffy”

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Pat &Sue Duffy , Silverton Oregon

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Rae and Katie Seely, Sun River Oregon

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Bob and Sherry Branch

“Kyle was great to work with - quite professional and knows everything about Sunriver. He took the time to really listen to what I was looking for - and then he began the search. I felt he understood my interests as well as my concerns re: a particular type of condo and the view I was interested in. The most important aspect - I think , for me, as a woman doing the search on my own - is that Kyle was respectful and kind and he never made me feel ill at ease, and the result was that I was able to really focus on what I wanted from Sunriver, rather than worrying about who I was working with on my real estate adventure.”

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Gwen Schnurman/ Sunriver, Oregon

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Tom Berhow

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Patrick & Susan Duffy

“Kyle was friendly, trustworthy and professional. After a bad experience with a property management and sale person that damaged my home and property, it was a breath of fresh air to deal with Kyle at Berkshire. I believed his suggestions and approach for sale prep and my home sold. I also gave positive feedback to the Oregon State real estate board for Kyle's professionalism. thank you again Kyle, I would work with again if I have real estate needs.”

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“I have bought 3 properties working with Kyle Hoak. If I didn't work with Kyle I would work with Dan or Mary Hoak. They listen to what you want and go above and beyond what is required of them. In todays market thats hard to find”

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“Working with potential buyers can be difficult at times, but when you have 2 couples, 4 individuals, with strong opinions or ideas, it can be even more challenging. Kyle Hoak was up for the challenge. After years of talking about it, we finally decided to purchase a vacation home in Sunriver with my inlaws. While my husband and I were up at the mountain skiing, my inlaws walked into Bekrshire Hathaway on a whim and met Kyle. They spent the morning discussing our situation, and gathering information re: prices and availability in the area. The following day, buried in 2 feet of snow, we all (7 of us total) ventured out to tour a number of houses. We did not purchase any of them, but it gave Kyle insight into what exactly we were (all) looking for. Kyle continued to send us listings until we found the perfect home. He took our wish list(s) into consideration and only sent ones with true potential. He was sure to email all of us when he had questions or comments, and was very good at keeping us all in the loop. Everything went smoothly from start to finish. Kyle was very thorough, professional, and also fun to work with. We enjoyed him so much that we referred him to my brother and sister-in-law to help them with the purchase of their first home. We have spent the last 9 months remodeling the home that we bought, and Kyle even came by when we were all finished to see how it all turned out. Needless to say, we would definitely recommend Kyle Hoak to anyone looking for a good realtor!”

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