A&D MORTGAGE, LLC
Title Search is the process of reviewing public records to determine the legal ownership of a property and uncover any potential issues or claims that could impact the property’s ownership rights. It is an essential step in real estate transactions to ensure that the property being bought or sold has a clear and marketable title.
During a title search, various public records are examined, including deeds, mortgages, tax records, court records, and other relevant documents. The goal is to trace the history of the property’s ownership and identify any potential problems such as outstanding liens, judgments, easements, or other encumbrances that could affect the transfer of ownership.
The title search is typically performed by a title company, attorney, or a professional known as a title examiner. Once the search is complete, they generate a title report or abstract, which provides a summary of the findings. This report is crucial for buyers and lenders as it allows them to make informed decisions about the property and take necessary steps to resolve any issues before completing the transaction.
With a thorough title search, buyers ensure acquiring a property with a clear title, without undisclosed claims or encumbrances. Additionally, lenders require title searches and title insurance to protect their financial interests in the property.
As a mortgage broker, your clients rely on your expertise to find them the best deals. Our Quick Pricer tool can be an invaluable asset in your quest to secure the most advantageous mortgage rates. Be sure to explore our Programs section for additional resources tailored to your needs. If you have specific scenarios in mind, don’t hesitate to request them; we’re here to assist you. If you want to join forces in providing even more value to your clients, consider becoming a partner with us. Together, we can empower individuals and families to achieve their dreams of homeownership.
