How Basic Errors In Public Records Can Affect The Title To Your Home

Here are some common issues that may arise in a title search and how they can affect the title to your home.

Even though the actual property that you just purchased is brand-new to you, there is usually history involved. Sometimes, it’s these past histories that can come with some undesired baggage. During any real estate transaction, the closing process is crucial. It is during this time that a title search is conducted. A title search determines whether there are any potential title defects that can have a very negative effect on the purchase of the new home. Here are some common issues that may arise in a title search and how they can affect the title to your home.

An Error In Public Records

One very common issue that buyers face when a title search is being completed on their dream property is an error in public records. While humans aren’t error-free, there can easily be a human error that may have negative effects when it comes to your rights in the property you just purchased.

The Title Search Process

In any real estate transaction, a title search is always performed. This title search is conducted to make sure that the title to your new home is clear. This ensures that there are no mistakes that could have been made in any public records. During the actual title search, the office of recorders or registrar of deeds, clerk of courts, and other municipal and other county officials will take a look at any documents that are related to the home’s property. Judgments, liens, and other issues are examined to ensure that there aren’t any issues with the title to the property.

How You Can Avoid Errors In The Public Records

Completely avoiding errors in public records is not possible. Buyers have no control whatsoever on the property’s past. As a result, there is no way of predicting whether a property will have any defects or errors in the title. That being said, an owner’s title insurance policy can help protect the ownership rights from any potential errors or defects that may arise during the title search process. This insurance will usually cover both the legal costs to ultimately defend the rights to the property as well as any potential losses that may result from a covered title defect or error.

A Title Company You Can Trust: Colony Title

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 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, Twitterand LinkedIn.

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