As the leaves change and the year winds down, fall can be an important time for buying and selling real estate. Whether you’re purchasing your first home, selling a property, or preparing for a year end closing, there’s one part of the transaction you don’t want to overlook: title services.
What Does a Title Company Do?
A property title represents the legal rights associated with owning real estate. Before a transaction closes, a title company researches the property’s history to help identify potential issues that could affect ownership.
These issues can include:
- Unpaid property taxes or liens
- Errors in previous deeds or public records
- Undisclosed ownership interests
- Unknown or missing heirs
- Other claims against the property
Learn more about title services and how they can help protect your real estate transaction.
Why Does Title Insurance Matter?
Even when a title search is completed, certain problems from a property’s past may not be discovered until after closing. Owner’s title insurance can help protect a homeowner against certain covered claims involving the property’s prior ownership.
First Centennial Title Agency also provides helpful real estate resources for buyers, sellers, and real estate professionals, including information about title insurance and the closing process.
Buying or Selling Real Estate This Fall?
A smooth closing starts with the right preparation. For buyers, sellers, and real estate professionals, having an experienced title team involved early can help identify and address potential issues before they become closing day surprises.
First Centennial Title Agency, Inc. of Mid-America has been protecting real estate transactions for over 40 years. We provide comprehensive title services for buyers and sellers throughout Clarkston, Birmingham, Brighton, Livonia, Northville, Novi, and Wixom.
If you’re planning a real estate transaction this fall, contact First Centennial Title Agency to learn more about title services and how our team can help support your transaction from contract to closing.
