1. You Will Avoid Being Scammed
Unfortunately, real estate scams are a huge problem in any market. A title company provides insurances that all documents pertaining to ownership are legitimate and not forged by scammers, and that you are indeed purchasing a home from the owner.
2. All Estate Issues Will Be Identified
Buying a home that is part of an estate often means that there are multiple owners associated with the home. The services of a title company will ensure that any ownership disputes are identified so that no unexpected legal issues arise after the sale has been finalized.
3. You Are Protected from Mistakes
Mistakes and errors can happen in any process, and unfortunately, they often happen during the purchase of a home. Title insurance provides valuable protection against any mistakes made at any point in the process that might challenge your ownership, such as undisclosed owners, title defects and boundary issues.
4. Property Disputes or Lawsuits will be Uncovered
If a property that you are purchasing has been the subject of lawsuits, liens or disputes in the past, then this can severely affect your rights to ownership. A title company performs a thorough background check on the property records to ensure that you are completely aware of all past issues with the property.
Make an informed choice when buying a home by utilizing the services of a respectable title company. Brilliant Title Corporation provides assurances that your sale is performed to the letter. To find out more, call our team at (410) 643-3929.
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