HB Wilkinson Title Co.
H.B. Wilkinson Title Company employees have years of experience in the title insurance industry. These specialists in your local branch are available to discuss your needs, help you with your title problems, and assist you in facilitating your real estate transactions.
Our well-trained staff is ready to go 'the extra mile'. We are committed to a new level of open communication with our customers. We are dedicated to work hard every day to exceed the high standards that we have set for ourselves in the title insurance business. Choose the title professionals with a new approach to helping customers.
Contact H.B. Wilkinson Title Company.
What are "Good Funds"?
In our October Newsletter we featured an article to enlighten our customers on the "Good Funds Act", but what exactly is the difference between "good funds" and "collected" or "actual" funds? In instances when the amount is over $50,000 from a single source- title companies are required to have collected funds in their account before any disbursements can be made. Collected Funds must be wired in to the title company's fiduciary trust account. If the transaction is under $50,000, the form of payment can be collected funds but must be at a minimum- good funds. Good funds are guaranteed funds- such as a certified check. Other examples of good funds include money order, a trust account check, or another title company's certified check. Now, if the customer insists on bringing a personal check to closing, H.B. Wilkinson Title Company can accept that check, however, we would have to wait for it to clear before any disbursements could be made. This would take a minimum of 3 days. This Act goes into effect on January 1st, 2010. Please contact your local H.B. Wilkinson Title Company with any questions.
Policy Issuing Agents for the following Underwriters:
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