When buying a property, once your Purchase & Sales Agreement has been signed, a title examiner will search the public records at the county Registry of Deeds and Registry of Probate to look for problems with the home’s title.
This search typically involves a review of the land records going back 35 years or more. More than one-third of all searches reveal a title problem that title professionals fix before you go to the closing. For instance, a previous owner may have had a mortgage that was not released on record. Or the previous owner may have failed to pay real estate taxes.
Whether you’re buying vacant land, a house or a condominium, there are title records to be examined and potential problems inherent with all of them. So make sure you contact a title company to perform a title search before you purchase your next property.
~ Broker’s Title & Closing, LLC provides comprehensive settlement services throughout the State of New Hampshire. We are committed to providing our clients with the highest quality of title and closing services and easing our buyers, sellers, agents and lenders through the entire closing process. At Broker’s Title & Closing, LLC, we know what we are doing and we care!