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Real Estate Tips
Titles >The Title Search

The people who do title searches have an extremely important job. They must ensure that the sellers really own the property being sold and that all liens against the property are being paid off as a result of the sale.

If the seller has had financial difficulties, for instance, and didn't pay his bills, there may be judgments that must be satisfied on or before the closing. Someone in addition to the party who signed the sales agreement may have an interest in the property. If so, it will be necessary for that person to sign the sales agreement and the deed that transfers ownership to the new buyer. The preliminary title report will also show any easements that run with the property. The Title Company will go back many years, examining what is called the "chain of title". If you learn that the property you are buying has title problems, don't panic. Most of them are resolved easily and in plenty of time to avoid delays in the closing.

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Real Estate Trivia
Q 
1992 marked the first year since before the Civil War that there were fewer than 2 million ________ in the United States?

A 
There are fewer than 2 million farms, and agricultural land is still being carved up for residential and commercial uses.
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DOTTIE AND COMPANY, REALTOR®, real estate agent and broker for Hattiesburg, Oak Grove and Petal, Mississippi home listings, property and land for sale - NUMBER1EXPERT(tm)

DOTTIE AND COMPANY
Realty Executives

5297 Old Hwy 11, Suite 5
Hattiesburg, MS 39402
Dottie: 601-606-0178
Fax: 601-268-1652
DOTTIEANDCOMPANY@NUMBER1EXPERT.com
RealtorDottie@comcast.net

DOTTIE AND COMPANY: "Moving Hattiesburg Real Estate - ONE client at a time!" We're here to help YOU with all your Real Estate needs. Contact us today...Let our EXPERIENCE and ENERGY work for you. DOTTIE AND COMPANY: "Moving Hattiesburg Real Estate - ONE client at a time."

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