Mercury Companies Closes Several Well-Known Title Companies
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TeamCox Realtors has learned that some well-known title companies closed on Tuesday, July 29th. The title companies, operating under the parent of Mercury Companies of Colorado, are located in Colorado, California, Arizona, Oregon, Nevada, and Texas. It has been reported that all of the companies, operating outside of Colorado, were closed at the end of the day and their employees were dismissed. Over the years TeamCox has interacted with many of these businesses, but none of our current clients are impacted. If you have a contract pending with any of these companies, it is urgent you contact your closer immediately to confirm that your money is protected. Again, none of the title companies operating in Colorado have closed.
If you are relocating into Colorado and have a closing, refinancing or bridge loan scheduled with one of the identified title companies, you may need to re-open title with a different title company that has not been affected with these closures. If you would like a title company referral, we will be happy to help.
• American Heritage Title Agency, Inc.• Arizona Title Agency, Inc.• Financial Title Company• First American Heritage Title Company• Guardian Mortgage Documents, Inc.• InvestorsTitle Company• Lender’s First Choice Agency, Inc. (dba Lenders Choice Title Company in California)• Mercury Exchange, Inc• Mercury Settlement Services, Inc.• Mercury Settlement Services of Utah• Mercury Transaction Services, Inc.• Security Title• Guaranty Co.• Title America, Inc.• Title Guaranty Agency of Arizona, Inc• Title Guaranty Agency of Colorado, Inc.• United Title Company, Inc.• United Title of Texas• USA Digital Solutions, Inc
If you have any questions or concerns regarding these closures, please contact a TeamCox member at 303-400-6060. This is not a time to panic, but an opportunity to be diligent and take control of the situation.
If you are looking for a home in Denver and the surrounding area then contact TeamCox for professional Real Estate Assistance
One Comment
It’s just a matter of time before the Colorado division gets shut down. This company is in serious financial trouble.