Before purchasing or financing a home, it is crucial to make sure the seller actually has the right to sell the property. In addition, there are a number of important reasons to consider a title search before you go to closing.
At Clear Title, we can assist you in obtaining a low-cost title search for your residential real estate transaction or any other purpose. Due to the large volume of title search requests we handle, we are able to offer discounted pricing from a highly trusted title search provider.
What is a Title Search?
A title search involves researching the public real estate records to determine whether there are any unsuspected issues that could negatively impact a purchaser’s ownership or use of a piece of property
What Are the Benefits of a Title Search?
The benefits of a title search depend on the results. If the search reveals that there are no issues (i.e., the seller has clear title to the property), then you can proceed to closing with reasonable certainty that you will not run into issues in the future.
On the other hand, if your title search uncovers a potential problem, performing the title search allows you to address the issue as soon as possible. This could mean having the seller rectify the problem or it could mean making an informed decision to consider another propert
What Types of Issues Can Come Up in Title Searches?
Most of the time, title searches simply provide peace of mind. But, occasionally, they will reveal issues with the seller’s title to the property. These issues can include:
- Easements or restrictive covenants
- Judgment liens, tax liens, or other title defects
- Outstanding property tax obligations
- Third-party interest in the property
- Unsatisfied mortgages
If My Title Search Comes Back Clean, Do I Still Need Title Insurance?
Even if your title search provides a clean bill of health, it is still advisable to purchase title insurance. One reason is that there are certain issues that title searches cannot uncover. Another reason is that your lender will likely require you to purchase title insurance regardless of whether a title search has been performed for the property.
How Do I Request a Title Search?
Simply contact our team at Clear Title to request a title search. Our team of closing professionals, led by Board-Certified Real Estate Attorney and company founder Stephen R. Moorhead, will be happy to obtain a title search for you. We can even help you understand the results of your title search so that you do not have any lingering questions as your closing date approaches.
Request a Title Search from Clear Title
With three offices conveniently located throughout Pensacola, Clear Title serves homebuyers, real estate agents, and lenders throughout Northwest Florida. If you would like more information about requesting a title search, please call:
Pace Office (850) 994-3838
Pine Forest Office (850) 202-8518
Downtown Pensacola Office (850) 361-4029