Why do You Need a Title Agency to Buy Your Home?
So, you’re interested in buying a home, have put down your earnest money, and have qualified for a mortgage. You probably think it’s a piece of cake from here on in? Well, not always. Unfortunately, it’s not as easy as just putting down a deposit and getting a mortgage. There are a few more hurdles that you need to overcome before a lender will give you a mortgage or before you can even purchase the home. One of these hurdles involves a title search. This legal formality is a necessary part of the process and is normally conducted by a title agency like Title Now, LLC in Fort Lauderdale. Just make sure that the title agency is licensed in the state of Florida and well-versed in handling a variety of real estate transactions. One of the things that a title agency will do for you is to research the title. This is important because you and your lender need to know that the party selling you the home has a legal right to do so in the first place.
What Else Can a Title Agency in Fort Lauderdale do for Me?
To establish the legitimacy of the title, the title agency will look for any outstanding mortgages, liens, judgments or unpaid taxes, as well as any restrictions, easements, leases or other issues that might play a part in the ability to purchase the property. The title agency may also require a property survey, which determines the boundaries of the plot of land that a home sits on, whether there are any encroachments on the property by neighbors, and any easements that may also affect your ability to purchase the property. Once the title is found to be valid, the real estate transaction can most likely proceed from there. Next, the title company like Title Now, LLC in Fort Lauderdale will issue something called a title insurance policy. This will protect you from any disputes or claims that may arise from the property in the future.
How do I Find a Good Title Agency in Fort Lauderdale?
With so many title companies in South Florida, you want to find a trusted company with a proven track record of satisfied clients. Title Now in Fort Lauderdale is such a company. We offer a wealth of real estate services, including title searches, legal services, escrow services, and post-closing services to make sure that all of your documents are accurate. Our team of experienced processors have years of expertise in processing titles in Fort Lauderdale and throughout South Florida. We offer 24/7 turnaround times and our skilled processors are eager and willing to assist you with all of your real estate needs. Call us today at (954) 947-2040.