We often stress that buyers should choose their own title company, and the recording of your deed is one of the reasons we say this. What if your title company is disorganized and sloppy and doesn’t record your deed? What if your title company goes out of business before your deed is recorded with the county? What if the county makes an error while recording your deed?
The deed is the document that officially transfers ownership to you, so it is important that it be filed with the county in a timely manner. It proves that you own the property. Without a properly recorded deed, you will be unable to sell the property, refinance your mortgage, or take out a home equity line of credit (HELOC). You might also be on the hook for liens placed against the person or persons whose names are on the deed.
Further, if the deed is not recorded or is recorded improperly, there could be nothing in public documents that would prevent the deed holder from conveying your property to someone else. In extreme situations, you could lose your home.
A reputable title company will have years of successful real estate transactions under its belt and a strong record of customer service and satisfaction. Get references and interview the title companies you’re interested in hiring. At Foote Title Group, we’re always happy to talk to potential clients. We’d love to tell you how we’re different. Contact us today!