The Best Way to Determine if You Need a Property Lien Search
A lien is a type of encumbrance against the title of a property making it difficult for a legitimate real estate transaction to take place. What a lien indicates is that another individual or business has a vested interest in the property. A property lien search typically takes place before the title is transferred as a result of a sale and will help to ensure that no encumbrances exist.
All liens on property are a matter of public record which should make them easy to find. Yet, with the number of..
Florida Property Lien Search
If you are in the process of buying a new home in Florida, one of the many steps is a lien search to protect you and the lender from being responsible for those debts.
What is a Lien?
Simply put, a lien gives a lender the right to take possession of a property or item belonging to an individual until a debt has been paid off. Technically your home mortgage is a type of lien, except that you have entered into an agreement to pay it off over a set amount of time...
5 Critical Tips for Title Insurance
Buying a home is tens of thousands of dollars invested into a property, while the cost of a title insurance policy is a small fraction of that amount. When you really examine the big picture, and what title insurance ensures, you’ll realize that small fraction of a cost is well worth it.
What is Title Insurance?
Title insurance is a type of reimbursement policy where you are protected if you lose the home as a result of an undisclosed or..
Homes and property have a rich history leading up to the moment when you decide to buy it. Sometimes this history is straight forward, while in some cases it takes twists and turns that make it difficult to follow. As a part of the closing process, you will be required to hire someone who has the experience to follow the most winding road of a home title's history to ensure that no issues exist that will affect your purchase of the home.
Human error accounts for a large number of those issues when searching back through the history of a Florida home title. The error is likely to occur with public records and can affect the ownership..