September 12, 2011 ~ John Bethell, President and Owner of John Bethell Title Company, Inc. announced today that the company has purchased the assets of Bloomington based Best Title Company, LLC from Dan Stewart. The purchase will become effective October 1, 2011. Stewart will then join John Bethell Title in the position of Senior Vice President and Title Counsel. Stewart will be primarily responsible for managing the title services team. Julie Vonderschmidt, Stewart’s Closing Processor has also agreed to join John Bethell Title.
Dan and I have discussed combining our businesses off and on for several years, said Bethell. More recently John Bethell Title has been looking to add a highly experienced title professional to our team. As our leadership team considered what steps to take, it seemed natural to follow up again with Dan, a thirty-year veteran of the business. This time, Dans goals coincided with ours. Dan and Julie are both great additions to our company.
Stewart said John and I share a common vision of treating customers fairly and providing excellent service for good value. It is more challenging today for one person to do everything it takes to close a transaction. I am thankful that my business has grown, but there are only so many hours in the day. Joining his larger organization will allow me to continue to serve my customer base and to assist his management team in serving our growing market.
Until October 1st, Best Title will continue to service and close its pending transactions. After October 1st any pending transactions will be closed by John Bethell Title. Post closing services for Best Title’s transactions will also be performed by John Bethell Title.
Dan Stewart and Best Title Company, LLC have been a fixture in Bloomington’s real estate market for over thirty years.
Founded in 1973 and purchased by Bethell in 2002, John Bethell Title Company, Inc. is a leading provider of title insurance and settlement services to the greater Bloomington area. The company operates from one location at 329 South Walnut Street in Bloomington.