What is a Title Search?
Buying a home is one of the biggest decisions you will ever make. That’s why it’s important to know all you can about the property you are about to purchase.
What is the history of ownership?
Are their any liens, outstanding taxes, judgments on the property?
What about undisclosed heirs?
Are there easements – or worse – do you lack legal access to and from the land?
Do errors in the records exist? Clerical or illegal?
A title search can put your mind at ease and provide valuable information you need to make a decision about purchasing your home.
Types of Title Searches
Residential Title Search: A search of land records encompassing sixty years in the chain of title. Including complete information of previous owners, legal description, all information regarding open mortgages, judgments, federal tax liens, pending suits, real estate taxes, municipal claims, water and sewer, PUD claims, UCC’s, and any other matters affecting the subject property.
Refinance Title Search: Search of land records with complete information regarding open mortgages, judgments, financing statements against real estate, taxes and assessment information going back in time to a bon a fide purchase money mortgage or 21 years.
Current Owner Search: Search of land records from the current deed forward. Complete information regarding open mortgages, judgments, financing statements against real estate, taxes and assessment information.
Bring Down Search: A search bridging the gap between the date the original search was performed and the date of the closing. To ensure the disposition of the title has remained the same.