Before you buy a house, your attorney will take a careful look at your title. Thorough examination can help protect you against existing property claims and reveals any outstanding debts or legal burdens.
It is essential to examine the property’s historical records to verify that all past ownerships and transfers of titles are documented. Make sure that the current seller legitimately owns the property and possesses the authority to sell.
Your attorney will assist you by taking a closer look at all associated title documents, such as property surveys, ensuring all details are correct and up-to-date. When purchasing a home, leaning on the support of your attorney can help you protect your investment as they’ll be in close contact with the title insurance company.
When purchasing a home, you should avoid properties with title issues that could lead to future disputes. Some indicators of risky properties include:
While a regular title policy offers protection against title issues, its coverage is not always adequate. The usual plan guards against things like debts, claims, or mistakes in the property’s title.
Some key points about enhanced title insurance in SC:
Ultimately, enhanced title insurance provides protection above and beyond a standard policy for potential property ownership issues and disputes.
Creating a proactive plan is the best way to prevent title issues when buying a home. A real estate lawyer can help you conduct a title search and ensure you have a clear title.
The Charleston real estate attorneys at Buxton & Collie, LLC are ready to thoroughly review the preliminary title report to identify any red flags before the closing. With the help of our legal team, you can buy your new home with confidence knowing the title is secure. Contact our office today to schedule your initial consultation.