Will other Title companies follow the closing of Arizona Title?

Arizona Title Company has closed its doors due to cut in funding for the Arizona TItle Company.

The closing is apparently due to a cut in financial backing from the Colorado based company.

Escrow and title customers are being referred to the Phoenix office of First American TItle that has its headquarters in Santa Ana California.

The Arizona Title and United Title offices are subsidiaries of Mercury. Mercury also  owns title agencies in California, Colorado, Oregon and Nevada. It is unclear whether all their operations are closing.

However,  escrows in Arizona will be closing with First American Title.We suggest that you check with your Real Estate agent to see how you are affected by their closing