How a Title Examination Can Catch Fraud

title search

Even minor things like a clerical error can be protected with title insurance.

When we buy a car, we immediately purchase car insurance. The same typically applies when it comes to our homes. However, there are sometimes dangers of getting a title when it comes to buying a home. Colony Title Associates can provide you with the knowledge of any potential issues that may come up along the way.

Avoid Suspicious Property Sales

Without a clean title, you may end up losing interest in your dream home. In fact, if the property you are interested in has a lien or some other title defect, you could end up missing out on that property altogether. However, with title insurance, you can protect your interest to the property which would also protect you from any potential title defects that may arise. Even minor things like a clerical error can be protected with title insurance.

Stay Away From Fraudulent Transactions

A good faith real estate transaction is not always going to happen. Sometimes people will end up being fraudulent when it comes to real estate. To avoid these scenarios from ruining your life, consider getting title insurance. It is a great way to protect your interest in the property that you searched for all that time.

Do Your Due Diligence

Just as it is necessary do your due diligence in any situation, it is the job of a title insurance company to conduct due diligence on your behalf regarding the title of the property that you plan to purchase. At the end of the day, we cannot predict whether the title to our dream home will be free and clear or whether there will be some major issues. Having protection like title insurance provides us with the necessary protections to secure our dream home, no matter what the future may hold.

 

A Title Insurance Company You Can Trust: Colony Title Associates

At Colony Title, we will help you through the process of getting your property’s title and help you avoid the pitfalls of hidden costs while you buy and sell your home. We are also well trained in identifying any and all errors in public records and helping you resolve them. We specialize in real estate title insurance in both Maryland and Washington, D.C., and we will perform an expert title search, check through all past documentation, and examine records for any fraud or forgery. For more information on how we can get you into the home of your dreams, contact us online or give us a call at (410) 884-1160. To get more updates on housing markets and how to get into your home, follow us on Facebook, Twitter, LinkedIn, and Google+.

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