In some places in North America, real estate transactions are handled differently than here in Alberta. In some States and Provinces, the escrow, title transfer, and mortgage registrations are handled exclusively by lawyers, while in other areas things can be handled by a notary or other methods. I have always wondered why we don't have a Lethbridge real estate closing office as an option for completing the sales and purchases of real property.
I know that there are closing offices in other places, but am not entirely familiar with what services they provide and which services they are prohibited from providing. Are there specific real estate closing offices in your area? Can they complete the entire transaction, the sales contract, mortgage and encumberance registrations, title transfer and registration, etc? I think it is an idea that is overdue.
Robert W May is a Real Estate Broker in Lethbridge Alberta, having now been in the industry for over 23 years. . He was also a licensed Lethbridge mortgage broker and financing expert with Canada First Mortgage of Calgary Alberta for the past 10 years. He is an industry leader always willing to help train and educate others in how to improve their business models for financial and personal benefit.