What is Title Search and why is it important
Buying a new home is an exciting dream come true for many but it is also a serious financial transaction that needs to be handled with extreme attention to detail. Even the slightest error can cause customers years of financial and mental ordeal. Hence, to prevent this, closing firms/agencies heavily rely on title search companies to come up with reports that are not only transparent but also highly accurate.
During the title search process, the title search companies are always looking out for pointers that could potentially lead to any future issues or may also derail a home purchase. As they say, the devil is always in the details!
The Title search companies then get into a detailed examination of public records and reports to determine a property’s legal ownership. The Title search report also uncovers any outstanding claims or liens that may be on the property which, in that case, must be settled first. So for any type of real estate transaction to be closed, a clean property title is a must.
Hence, during the title search examination, importance is given to
details like (but not limited to):
a) Ownership
b) Mortgages
c) Liens
d) Property Plats
e) Deeds
f) Documents in Public Records
g) Court Cases
All this information is gathered and put together in the title search report revealing whether the real estate property is good to go ahead with. The entire title search process may sometime even end up going back to the beginning of the property’s existence.
Hence due to this overwhelming process, it is the title search company that should keep you informed at every step of the title search process. At Neuskale Title Search Service, we have built checkpoints to avoid any critical errors or missouts due to any human intervention. Also, our online dashboard enables you to access real-time order updates thus ensuring 100% transparency.
Title Search Service at Neuskale
If you are looking out to buy a property, don’t overlook the importance of a title search. If your closing company or agent uses Neuskale as their title search partner, be rest assured because we will provide you with title searches that are the most accurate in the fastest way possible. What’s more? You can also track your order at each step to ensure 100% transparency.
Get in touch with us today by emailing us at info@neuskale.com or fill out our contact form so we can get you started.