Use a Title Checker to Verify the Title of a House You’re Considering Buying
If you’re thinking about buying a new home in the near future, using a title checker to verify the title of the house you’re considering buying is an excellent idea. A title checker verifies the title of a property by cross referencing a public record, such as a birth certificate, divorce decree, and marriage certificate, as well as a local county records list.
Using a title checker is one of the only ways that a prospective buyer can be sure that the house you’re considering buying is the one they’ve been promised. By cross referencing all three sources, a title checker can quickly confirm if there is indeed a real estate record for a property and verify if a title search was conducted.
However, some buyers are wary of using a title checker. Here are the top five reasons why you shouldn’t use a title checker to validate a potential purchase.
Title checks aren’t free. If you’ve ever run a title check on a house that you’re considering purchasing, you’ll notice that some online search sites charge a one-time fee before they’ll even begin to verify the title of the house you’re interested in.
Title checkers have no way of knowing the current address of the person purchasing the house. A title checker doesn’t have the resources to search for addresses on property records, such as the county clerk’s office, and it can take several months for a check to get back. For that reason, it’s best to hire a professional title checker to verify the title of a home you’re considering buying.
Title checks aren’t always reliable. If the title you’re using is an old one, you could end up having to pay an expensive amount for an old title check.
A title checker is a resource for you. Using a title checker doesn’t just provide an easy way to purchase a house, but it can also help save you money in the long run. When you know what kind of property is being searched, you can avoid any surprises and save money.
As you can see, there are a lot of reasons not to use a title checker to verify the title of a property you’re interested in buying. There are also a lot of reasons why you should use a title checker.
If you have a new house to buy, don’t use a title checker to determine if the house is for sale or if it’s actually for sale. Your search may end up costing you more money than it’s worth.
If you already have a home that you are interested in buying, a title checker is probably going to cost you a lot of money. The fee that you’ll pay will determine how much information you’ll receive, so you’ll have to research a lot before choosing a title checker.
The fees that title checkers charge can also vary based on how much information they want from you. Sometimes they charge only a phone number, but sometimes they will need a lot of information from you, including the name of the seller, the buyer, the seller’s address and the current owner’s address.
The fees that title checkers charge can also vary based on how much information they want. Sometimes they only want to look for certain property information, like the seller’s address, but at other times they may also ask for a copy of the seller’s tax records and their bankruptcy documents.
It’s a good idea to use a title checker if you’re buying a home. But if you don’t have a house to buy, don’t use a title checker to verify the title of the home you’re considering buying.