Yes, a title search is done before you finalize the closing process and purchase a property. This process is done to protect you as the buyer – to ensure that the property can be legally sold and that there are no hidden issues/problems that could affect your home ownership.

Unfortunately, there are dishonest people in the world that have no problem taking advantage of others. For example, let’s say several siblings inherited their deceased parents’ home. If one of these siblings attempted to sell the house without the others’ knowledge, a title search would bring this to light and put an end to the sale until the matter could be resolved. Without a title search, you might move forward with the purchase of the home only to be later burdened with lawsuits against the seller. You might even end up losing the house you worked so hard to get.

Another example: if you purchase a home that has outstanding liens, mortgages or back taxes due on the property – but you were not aware of this – you could be held accountable for those payments (unless you purchased title insurance). Again, a comprehensive title search should identify these issues and get them resolved by the current owner before the title is transferred to you.

There are many other types of issues that could be found during the title search. Purchasing title insurance can give you a safety net throughout the homebuying process. It basically is a guarantee that the title search has been dutifully performed and even if problems are not caught during the title search, the buyer will be protected.

The best idea is to hire an experienced title search company to handle the details of your homebuying process. Clear Title in Pensacola, Florida, is a comprehensive title company that provides title searches, escrow services, 1031 exchanges and loan closings. They can also help connect you with established title insurance underwriters in the Northwest Florida area.

There is a reason why so many thousands of homebuyers have trusted Clear Title over the years: they work hard to make the homebuying process as easy and seamless as possible. To schedule a meeting with our experts and explore our Pensacola title search services, contact us today at (850) 202-8518 or visit ClearTitlenwfl.com.