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If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed.
OlympiaRealEstateSellers.com
If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed.
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The Title Search
The people who do title searches have an extremely important job. They must ensure that you really own the property being sold and that all liens against the property are being paid off as a result of the sale.
If you have had financial difficulties, for instance, and didn't pay your bills, there may be judgments that must be satisfied on or before the closing. Someone in addition to the party who signed the sales agreement may have an interest in the property. If so, it will be necessary for that person to sign the sales agreement and the deed that transfers ownership to the new buyer.
The preliminary title report will also show any easements that run with the property. In addition, the Title Company will go back many years, examining what is called the "chain of title". If you learn that the property own has title problems, don't panic. Most of them are resolved easily and in plenty of time to avoid delays in the closing.
planning on buying, or selling, anywhere in the country,
or are just looking for real estate advice, the real estate
professionals at Doug Burger Realty Group are ready to
help make your next transaction successful and smooth.
