Foundation Title & Escrow Expands Footprint in Tennessee
March 3, 2020
Foundation Title & Escrow Series LLC has expanded into the Knoxville, Tenn., area after joining forces with East Tennessee Title Insurance Agency Inc.
All former East Tennessee Title employees are now part of Foundation Title. They include, among others, attorney Myron Ely, whose family founded East Tennessee Title more than 75 years ago.
“The office and the Ely family have a great story that goes back to 1943,” said Chris Cantrell, the chief executive officer of Foundation Title & Escrow.
Ely, who has worked in the office since he was a teenager—starting as a courier—called the partnership a “good marriage,” that has already benefited his employees and customers.
Headquartered in Franklin, Tenn., Foundation Title offers residential and commercial real estate closing and title services throughout the state and has 15 locations offices. The company also has one office in Lexington, Ky. Cantrell said the company is exploring other states as well. However, the most important consideration is that prospective partners are a good fit and that the two parties trust each other.
“We don’t grow just for growth’s sake. We have a specific model and for that model to work, it has to be the right situation,” Cantrell said. “But I love telling people what we’re all about and encouraging them to go to our website or connect with one of our offices if they want to know more.”
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