Before you buy a home, you want to know everything about it. You’ve likely toured the home with an agent more than once, and at some point in the process you’ll have the home looked at by a professional home inspector.
The document history of your home is just as important as its physical aspects, and that’s where a title search comes in. Our title experts comb through public documents related to the property to help you answer three questions:
- Does the seller have the right to sell the property?
- Are you, the buyer, getting all the rights you’re paying for? Are you aware of all of the restrictions and allowances that pertain to the use of the land?
- Do any liens exist on the property that need to be paid off at closing?
The public documents we search are on file with the county, and the title search will take place before you sign a contract to buy the property. During the title search, we’ll uncover:
- The chain of title – who has bought and sold the property in the past and when
- Whether real estate taxes on the property are current and paid
- Whether there are any unsatisfied judgments against seller or other previous owners
- Any building restrictions, encroachments, or previously established easements
A title search gives you, the buyer, peace of mind and complete information so you can make informed decisions as you move forward in your purchase – or not. A search also reduces the chance that there will be problems with the title in the future because issues will be brought to light now.