Throughout the lifespan of a property, there can be multiple owners and renters with each passing year. Determining “title” or the rights of use and ownership of a property, can become a bit obscured. This is why we need title agents.
The homebuying process can be quite daunting. Before deciding where to place your hard-earned money, you want to ensure the property and its owners, have been thoroughly vetted. Title agents do the leg work for you. They ensure you have clean title, or ownership of the property, that is free and clear of any encumbrances. Before buying, title agents can even help you get title insurance as an added layer of protection, in case there are any issues with your title once you’ve already bought the property.
Title agents work on your behalf, with everyone involved in the home buying process, to ensure all the paperwork is done properly, and they even coordinate the transfer of funds. Title agents are responsible for drafting, completing and filing the necessary paperwork to officially transfer ownership of the property with the necessary county agency. Essentially, they bring the deal together at closing. The best title agents will seamlessly orchestrate your proceedings with great service and efficiency. They also understand the importance of using safe methods of communication to protect you from potential fraud.
With so many scams out there, it’s imperative to choose a title agent who is honest, ethical and reliable. A good place to start your search is with a trusted real estate agent or lender. You could always review their website and comments online from previous clients to help you determine if they’re a good fit for you.
Buying a home is a momentous life event. Prepare for the challenge by getting educated and staying involved in the process. Taking the time to find the right title agent will ease some of the worries.