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A title search ensures that there are no hidden claims on the property that could impact the ownership rights of the buyer. The search is typically performed by a title company or attorney and can ...
After you search for a home and settle on the perfect property, there’s still another search to perform: the title search. While the title search may not be as exciting as browsing those listings or ...
When a property has a clear title, that means the title is free from liens or other claims that could call its ownership into question. If you're buying a home with a mortgage, your lender will ...
For those of you who question whether an owner’s policy of title insurance is a waste of money, please remember that examining title is still an essential component of due diligence investigations.
Doretha Clemons, Ph.D., MBA, PMP, has been a corporate IT executive and professor for 34 years. She is an adjunct professor at Connecticut State Colleges & Universities, Maryville University, and ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas ...
When you buy a piece of real estate, a title company makes sure the seller has a legal right to sell the property and that the buyer isn’t purchasing a home with outstanding taxes or mortgages on it.
When buying a house, you might hear the seller or your real estate agent discussing the property's deed or title. While the two sound similar, there are key differences. The property deed shows the ...
A title search is a review of public records to confirm legal ownership of a property. It’s one of the most crucial steps when you’re closing on a house, and you can expect your mortgage lender to ...