Title Search Companies Can Help Uncover Easement Agreements

When you buy a home, it’s only natural to assume you will own the entire property, including the property upon which your house sits. However, this may not always be the case, specifically if your plot of land has an easement attached to it. This could be the cause of legal issues, especially if you’re not aware that such an agreement exists.

Before finalizing a real estate purchase, understand the concept behind an easement and how it can affect your purchase decision. Read more from this blog. http://bit.ly/2klzCCg

A Trusted Title Company in Miami Stresses the Importance of Title Insurance

Title insurance is one of the best protections for property owners who encounter a fraudulent or invalid title. Property ownership, and the ensuing transfer of title, can be complicated and fraught with legal loopholes that can cost you greatly if uninformed. There are a few major pitfalls to avoid.

You’ve Been Duped

According to Trading Economics, about 590,000 residential properties were sold from January to November in 2016. Given the amount of money to be made in this industry, it’s not surprising that some unscrupulous people will want a piece of the pie. Hence, in some cases, crooks sell a home that isn’t even theirs; they present a title they have no authority to issue. Read more from this blog. http://bit.ly/2klCYFl

Lien Search Companies Can Help Make Your Home Purchase Trouble-Free

According to the National Association of Homebuilders, the annual rate for existing home sales in July 2016 alone was a whopping 5.57 million properties. Compare that to just 654,000 for new home sales and it’s clear to see that many Americans see the value and convenience that buying a preowned home offers.

That being said, there are a few wrinkles that can affect your purchase of an existing home:  a property lien is one of the most troublesome. Basically, a lien is placed on a house if the owner has any outstanding obligations. As such, the owner cannot simply sell his or her house—the lien has to be cleared first.

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Buying a Pre-Owned Home? Better Consult With A Title Company In Miami!

A pre-owned home is a great option for first-time homebuyers. In many cases, it’s much cheaper than having a house built from scratch, and you won’t have to deal with construction delays and budget overruns.

However, if you choose to go with a pre-owned home, make sure it has a clean title. Below are just some of the common title problems you might encounter.

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