When you are purchasing a new property, the last thing you want to worry about it is whether the owner can actually sell it. You are more focused on how the property looks, feels, and how much it costs. But if you don’t put some effort into determining that the sale is legal, it may end up costing you more than you think.
Liens and tax problems are all common issues that can happen with real estate. Doing a property title search can help you know that the owner has the legal right to sell the property and that there are no gaps in the history of the property. Gaps in ownership or improperly conducted sales can cause problems. That’s why we always recommend that you complete a chain of title.
A chain of title is a record of the ownership of the property. By researching the deed on the property, you should be able to track how the ownership of the property has changed over the years. This can be very helpful for a number of reasons, such as ensuring that all sales of the property have been completely legally and that there are no liens, judgment taxes, or any other issues with the property. The last thing you should be responsible for is someone else’s tax issues or financial mistakes.
Every chain is only as strong as each individual link. Your property has a story, and it is in your best interest to learn that history. That’s why finding the weak links before they become an issue is so important. We can help you not only find any weak links but also resolve them.