by Jeanine Johnson
The title of the book would lead one to believe that it is intended for someone with years of experience in the title insurance industry. On the contrary. According to the description of the book on the website:
"This "Title Insurance 101" book teaches real estate agents, mortgage bankers, and title people core title information. The text takes fundamentals and applies them to real life closing and title scenarios."
It is published by Dearborn Real Estate Education. And just like many of the books from this publisher, it is ideal for self study.
What I hoped to gain from this book was a better understanding of what goes on behind the scenes in a title company. As a notary signing agent I am put in the role of being an extension of the title company when I'm in a closing. I wanted a manual that would give me a better knowledge of the documents I work with to help me do a better job as a remote closing agent. This book far surpasses the explanations that are given in any other training manual.
There are a total of 17 chapters in this book. They take you step by step, from start to finish, through the entire closing process. Nothing is omitted. All of the documents that are involved, every step that is involved, and all of the terms that are used, are thoroughly explained. If, for example, you need to prepare a HUD Settlement Statement, Chapter 4 will show you how, with a line by line description. Chapter 11 explains everything you need to know about title insurance. I especially found Chapter 9, 'The Closing', to be interesting since it describes everything that goes on in an actual closing, the role of the closer, how to handle a closing, and so much more.
This isn't the type of book that is intended to be read in one sitting, then put on a shelf. It's more of a desk reference.