News Article

America Land Title Affiliates Report 2013 Net Profit Up 76.4%

Thursday, January 23rd, 2014

The Akron-based full-service title insurance agency,America Land Title Affiliates, announced today the company had a record breaking year in revenue. During the fiscal year of 2013, America Land Title Affiliates saw a record profit of $906,305 and closed 654 transactions. The 2013 profit level is a 76.4% increase from 2012.

America Land Title was acquired by Title Alliance, a RESPA-compliant joint venture title company, in June 2009. Since the acquisition four years ago, the company has turned a profit of $2,098,134.

“We are pleased with the record results achieved over the past year,” said John Ross, Affiliated Business Specialist of Title Alliance. “America Land Title has exhibited strong growth since the company was opened and we are excited to see what 2014 brings.”

America Land Title has been able to overcome the economic obstacles that many new companies often face. The continued success of America Land Title comes immediately following the long road of national economic recovery following the most recent US recession.

According to a report by WKYC of Cleveland, Ohio, recent studies peg Ohio as 44th in job creation and one of the bottom four states in a variety of economic indexes. America Land Title’s success shows that Ohio will continue to improve their economic forecast, as more people are taking financial steps to purchase personal and business properties.

“I had done previous business with America Land Title and was very impressed with the professionalism and accuracy of the work,” said Jacob Coker, a Realtor of Keller Williams Chervenic Realty. “I recently decided to merge business with America Land Title Affiliate and have seen tremendous upside by doing so. The title company is a crucial piece of the closing process, and now it is one less concern with my closings.”

About America Land Title Affiliates: 
America Land Title Affiliates, LLC. is a full-service title insurance agency offering a complete range of title and escrow services for the public, the construction industry, attorneys, banks and other lenders, and the real estate industry. America Land Title Affiliates is a partnership between elite Realtors in the Akron, OH area and Title Alliance, Ltd. America Land Title Affiliates is underwritten by First American Title Insurance Company.

America Land is located at: 
525 N. Cleveland Massillon Road 
Suite 103 
Akron, OH. 44333 
T: 330-576-6725 
F: 330-247-1283 

About Title Alliance: 
Title Alliance, Ltd. is located in Media, PA and has been creating RESPA compliant title joint ventures since 1983 with lenders, mortgage bankers, realtors, builders and credit unions. For more information or to find out how a Title Alliance's partnership or title management skills could benefit you contact us.

To read the original press release posted on PRWeb, click here.