4 Issues Every Homeowner Needs To Be Aware Of


Be aware a few issues when buying a home.

Title insurance is there to protect your interest in your new home or property. In fact, without an owner’s title insurance, you could end up losing your rights and ultimately wasting a ton of money. As a result, equipping yourself with all the knowledge you need to make informed decisions is always the best way to handle any real estate transaction. Here are just a few of the more common title problems that you should look out for when it comes to your brand-new home.

Creditor Claims

What happens when the previous owner has outstanding debts? It could fall on their property. From contractors to other work performed on your new home, any outstanding debts from the previous owner could ultimately have a significant effect on your title and closing. Know these things before you show up to your settlement and find out you can’t have the home of your dreams.

Undisclosed Heirs

Whether we like it or not, sometimes a property comes with the unfortunate undisclosed heir. This can also have a significant impact on your title. In fact, if the heir can somehow prove that he or she has a legal right in the property, your title and ultimate ownership of the property can be severely affected and impacted.

Errors In Tax Records

While we all make mistakes, human error is something that even tax records can’t get around. In fact, the most common title issues result from a clerical error. As a result, no matter how unintentional, the fix can be costly if you don’t have title insurance. You could potentially lose the title to your home if you don’t protect right away.


Probably the least common out of all of them on this list, forgeries can still have a serious impact on the title of your property.

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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