I just had another closing where the seller's title agent and Realtor work for the same company. This is not a bad thing in and of it's self, my company owns a title company also. However the buyer should beware, they need a Realtor to represent their interest.
In my most resent closing, I noticed two errors on the HUD that when corrected, netted my buyer $500.
The first error was a closing fee charged by the title company. The contract clearly stated the seller would chose the title company and pay their fees.
The second was the omitting of the Home Warranty allowed for in the contract.
I believe both of these errors were honest mistakes, however they would have gone overlooked had the buyer not had a professional looking out for their interest. In most cases, buying a home is the largest purchase anyone makes, and they don't do it very often. They rely on a real estate professional, a Realtor to make sure everything is correct and their interest are being protected.
Visit one of my websites at http://selldaytona.com/ or http://www.venetianbay.org/
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