A November 25, 2021 article titled "Taos county title company delays" that dealt with the severe delay in the transfer of property within Taos County may finally be coming to an end with the opening of a new title company.
Delays of six to seven months have not been uncommon for the past few years due to a backlog in processing real estate transactions through the existing title companies. Pioneer Title and Escrow Services, which is owned by New Mexico attorney Richard W. Norris, and which has operated in several New Mexico counties for several years (including Colfax County), has announced that it will be accepting orders for title commitments and closings, possibly, as early as August 26, 2022. This change in the market should bring much needed relief to those wishing to buy or sell property within the county.
In a conversation with Holly Hillenbrand, the operations manager at Pioneer, she stated that "Pioneer Title prides itself in producing title commitments in a timely manner, days not weeks. The company also prioritizes the timing of its closings, so that those contracts with early closing dates get closed on time."
Even one week is a incredible improvement compared to the months long wait Taos County residents have had to endure the past few years. The frustration among residents, real estate agents and lenders has become so great that many had been looking for alternatives in order to accomplish their transactions in a timely manner, including foregoing title insurance and closing directly with local attorneys.
Pioneer Title's new office will be located at 204 Paseo Del Pueblo Norte, suite a, Taos NM. They can also be reached at 866-294-4100.