If you’re buying or selling a home, land, or an investment property, it seems like common sense to want to work with realtors, lenders, and title professionals that live in your community. Unfortunately, the majority of businesses that provide those services are large corporations that are more loyal to their stockholders than to their clients. Even worse, they ship as many jobs as they can overseas to take advantage of cheap labor.
No one enjoys paying insurance premiums, but there’s no doubt about the fact that it’s nice to know that you’re covered. This is particularly true when you’re making a major purchase such as a home or other real estate. There are so many things that can go wrong over the time that you own your home or real estate, you owe it to yourself to enjoy true peace of mind.
There are a lot of steps that go into purchasing a home, and one of the first is a thorough title search. Over the life of a property, each time the title changes hands, there are a lot of things that can go wrong. These problems are known as “title clouds” and they must be resolved before the property can be sold. If the seller owes delinquent taxes, HOA dues, or unpaid child support, there could be liens on the property. The title search will help identify if there are liens in place, and afford the parties to resolve the issues in order to complete the transaction.
Buying a new home is one of the most exciting experiences that you’ll ever have. It’s a fresh start, and the beginning of a lot of great new memories. But it can be a very detailed process that may require some expertise. You may be dealing with a realtor, a home inspector, and unless it’s a straight cash purchase, a lender. It’s important that you’re selective, because you don’t want to entrust one of the largest transactions of your life to just anyone!
Preparing for closing is hard work. It involves an entire team of professionals, and a lot of documentation, including legal filings. That’s why it’s so important to make sure that you hire people that you can trust to carry out the process correctly. Most people buying homes will have a lot of questions along the way. Unfortunately, there are providers involved in real estate transactions that may not always have your best interests at the forefront of their priority list.