Posts

Showing posts with the label Legal,property ownership,real estate risk,title search

Why You Should Never Skip a Title Search Before Closing

Image
Key Takeaways Conducting a title search before closing is crucial to avoid hidden legal issues such as liens, boundary disputes, or claims on your property. A title search helps confirm the legal ownership of a property, ensuring a solid foundation for your investment. By addressing potential issues early, you can prevent future legal complications and protect your investment. Safeguarding Your Property Investment You should never skip a title search before closing because it’s your first and best line of defense against costly surprises—think hidden liens, boundary disputes, or even someone else claiming your property. Imagine closing a deal and then learning about a decades-old debt attached to your new investment. Title searches uncover issues early, confirm legal ownership’s rock solid, and keep your project free from legal headaches. Want to know how savvy pros safeguard their deals every time? Verifying Legal Ownership and Chain of Title Before you close on any property, you need...