410-653-3400
100 Painters Mill Road Suite 200
Owings Mills Maryland 21117
Residential Title & Escrow Company Commercial Settlement Services, LLC

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What Does It Mean To Have A Clear Title?

When it comes to buying a home there are many things to take into consideration, especially for first time homebuyers. While finding a home that you love and feels right for you and your loved ones is of the utmost importance, it is important not to get so wrapped up in the romantic ideas of home buying and home ownership that you fall short in considering all of the concerns. All of these can seem overwhelming, but Residential Title and Escrow is here to help when it comes to what you need to know, like understanding your title and title insurance. If you want to know what having a clear title means when it comes to the home of your dreams, read on.

clear title

What does it mean to have a clear title? Find out in today’s blog.

What Does It Mean To Have A Clear Title?

A clear title means that the home you are interested in is legally available to you and can be passed on to you. On the off chance a title is not clear on the home you fell in love with while home buying, title insurance protects you from potentially losing your house on technicalities due to unforeseen circumstances or mistakes.   

How Do You Know If A Home Has A Clear Title?

Legal and real estate jargon can be difficult and confusing for those who do not specialize in it. Often when it comes to the more mundane aspects of home buying, an expert touch is needed. Title researchers comb through records of the property. These include past transfers of title, liens, judgements, and a number of other types of relevant recorded documentation and information. The results then get compiled into a single report, called a title search. This report is utilized to understand important details about the title to the property which could affect your ownership.  

Liens And Home Buying

Liens are one of the most important factors when it comes to title research, and many homeowners check their home’s title status regularly to make sure no liens are attaching to their property. These can include mortgage liens and all non-voluntary liens as well as choate and inchoate liens.

Get In Touch With Residential Title and Escrow Today

At Residential Title & Escrow, we bring peace of mind to the settlement table. If you are looking for a title company to help you through the closing process, please contact us today! You can also fill out our simple online title request form and one of our knowledgeable representatives will get in touch with you promptly. Be sure to follow us on Facebook, Twitter, Pinterest, and Google+ to stay up to date on industry news and events.

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Residential Title & Escrow Company
100 Painters Mill Road Suite 200 Owings Mills, Maryland 21117
Phone: 410-653-3400