Why buyers shouldn’t skip the title search

We’ve discussed the need for title insurance before — you can read about that here — but it’s worth delving a little deeper into this tool and to consider why title insurance is even necessary at all. It’s one of those minor boxes that needs to be ticked during a home’s sale that, if not done, can cause big headaches later on. To avoid all that, you’ll want to conduct a title search.

What is a Title Search?
A title search is a detailed examination of public records to verify the legal ownership of a property. This process ensures that the seller has the legal right to sell the property and that there are no outstanding claims or liens against it.

Benefits of a Title Search:

Identifying Ownership Issues: A title search helps uncover any ownership issues that may exist. This includes situations where the property is jointly owned, has multiple owners, or is subject to legal disputes. By identifying these issues early on, home buyers can avoid potential complications and legal battles in the future.

Discovering Liens and Encumbrances: A title search reveals any outstanding liens or encumbrances on the property. Liens can be placed by creditors, contractors, or the government for unpaid debts or taxes. Uncovering these issues allows buyers to address them before closing the deal, ensuring a clean title transfer.

Ensuring Marketable Title: A title search confirms that the property has a marketable title, meaning it can be freely transferred without any legal obstacles. This is crucial for obtaining financing and protecting the buyer’s investment.

By investing in a title search and (most likely) title insurance, home buyers like you can ensure a smooth and secure transaction at a time when a home’s title is the last thing you need to be worried about. 


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