Title Search
When you’re buying a home from a seller, you’d likely assume that the seller is entitled to sell the home in question. However, that assumption can lead to heartbreaking consequences if someone else with a claim or lien on the property shows up on the doorstep.
A property title search examines public records on the property to confirm the property’s rightful legal owner. The title search should also reveal if there are any claims or liens on the property that could affect your purchase.
Why do I need a title search?
Finding out who owns the property you want to buy is only the first step. First, the current owner might not even be aware of an old claim against the property’s title. Second, the debts of any of the previous owners can come back to haunt you because mortgage liens and other debts follow the property, not the owner.
