Applications for title insurance or title deed search before the purchase of a property has become increasingly important owing to several reasons. Any property might be new to you but it has a certain history of ownership. Before investing in it, you should be clear about the ownership rights so that you can detect the titular defects right from the beginning and if needed, avoid buying it. We, at Advanced Abstract, can help you with title searches along with title insurance. With a substantial experience in this field and competitive rates, we are certainly one of the best solutions for you. So, if you are from areas including Allentown PA, Bethlehem PA, Easton PA, Reading PA, or Strougsburg PA, then you can resort to us without any hesitation.
Are you still wondering whether you should take such a step or not? Then, here are a few bad consequences you might have to face if you don’t opt for the title searches. Take a look.
- Faulty Records
Public records can often be faulty. Filing or clerical errors are common but it could leave a devastating impact on your property’s title and require an unnecessary financial strain to resolve such blunders. There could be due mortgage payments in the name of the owner or other discrepancies which may be absent in the record. In order to check these things, a title search is necessary.
- Illegal Property Papers
Even if the chain of title mentioned on the property papers seem to be alright, it could be a fact that the deed was prepared by a minor, a person who is not mentally stable, or is an undocumented immigrant, and so on. These cases can impact on the enforceability of the prior deeds, leaving its effect on the former and present ownership.
So, these were a few amongst the major issues you could face without title searches. That is why without any more delay, quickly call us at 610-740-9100 to get a quote now.