Cover Your Property Against Previous Problems With Title Insurance in Massillon

Title Insurance and Title Searches; The Preventive Way to Protect Your Real Estate Deal

We all know the importance of making well-informed decisions, especially when it comes to large investments and life-changing choices. Buying your first house or a new home is both an important investment and an impactful decision on your life. It is of great help to have the certainty that you are making the best choice. At Patriot Title Agency, Inc we can help give you the peace of mind you deserve in this imperative decision-making process and we can help you stay protected from the unexpected problems that may have been lurking unannounced. That is why today we want to discuss the first preventive steps, towards help you ensure that the property you are buying is a good investment and a wise decision.

Title Searches Are the First Step to a Better Investment

The first step in the title insurance process is to run a title search. There are several things that need to be determined in order ;to know whether the property has a good standing title or whether it is a good deal or a bad investment. A title search not only helps determine if the property has a good title but it also allows any other issues to come out into the light. Since the title of a property not only includes the ownership but also rights and other pursuits, a title search must include the standing of these. A well ran and very thorough title search must be done in order to truly make a well-informed ;decision regarding the property in question. Trust only the most qualified professionals with your investments and let ;Patriot Title Agency, Inc. ;run your title search for the best, most complete information. Contact us now, and learn how we can help you make a wiser more secure investment, today.

A Good Title Is Crucial for a More Secure Deal

As we mentioned, the first part of a title search is determining whether the property has a good title. A good title means that the person that is said to be the owner is truly and lawfully the owner. As silly as this may sound, it is actually quite important. There are several reasons why a title may not be in good standing. It could mean that the a previous owner bought the property from a person impersonating the real owners and conducted a fraudulent deal. Another more common problem is when an inheritance ;is not clear and the property is sold but the true ownership is uncertain. There are many other cases that can affect the ownership and although most will come up in an extensive title search there are still unexpected events that could alter the investment. That is why it is so important to ;have a complete title insurance policy that covers these problems, and a title company that can offer the right options and solutions to any problems that may come up in the title search.

Other Factors That a Title Search can Determine

The other aspect of a title search is learning about the rights and responsibilities that are attached to the property. There can be several other factors affecting the property and its ownership or value. Liens, claims, debts, restrictions and all kinds of encumbrances may be attached to a property. These sort of problems may not necessarily impede the property from being sold but they most likely will affect the new owner. For example, if a property has a lien for an unpaid contractor that did some home renovations, that lien attached means that the property owner has the responsibility to pay the sum owed, if the sum is high enough, the court may be able to have the property sold in order to cover the amount owed. This can happen whether you are the owner that acquire the debt or the new owner that was not aware of the lien attached to the property, but even as the new owner, that amount owed needs to be paid as it is attached to the land and not specifically to the previous owner.

The Best Title Insurance Agency in Massillon

Make sure you protect your money and stay covered against the lurking shadows from the past that can come up and hunt your property while hurting your investment. The best way to stay protected is with Title Insurance from Patriot Title Agency, Inc. Call us immediately at 330-479-3000 and let us handle all your title needs. ; ; ;