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Showing posts from March, 2019

What is a Title Agency?

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If you are in the market to purchase, sell a home, or both, then you will be asked about a title search on the prospective property. A title search is not something that is lawfully necessary to complete the transfer of property but comes highly recommended. A title's agency is there to basically represent the property. You have a seller's agent for the seller, a buyer's agent for the buyer, and a title agent for the property.  While that may sound a little bananas, isn't the general populace a little bananas? Wouldn't you want protection from those rotten ones? A clear title is worth any price for peace of mind.  Today I spoke with Amy Cochrane from True Title and learned that title agencies have access to  extensive amounts of  data to search for different liens, easements, legal restrictions, leases, and judgments on properties. B ased off their search the title company may place requirements on the seller that are mandated to be met before the property

Home Buyer's Remorse

I know I have mentioned in a past blog that a home purchase is one of the largest most people will make in their lifetime. This is still very true ans the real commitment to the process starts the moment you submit an offer on a home. I say this because once the seller accepts the offer you are now legally bound to the process. You can back out of the process at any time including all the way up to closing date but there will be legal consequences. The longer you wait to back out, the worse they probably will be. Think of it this way. You've had all sorts of inspections completed. You've negotiated through your agent for the seller to do repairs and as a result the seller has invested more money into the home to your specifications. You decide it's not the home for you. How do you think the seller is going to feel? Do you think they'll be okay with you backing out of the contract? That they'll be happy to let you go and they'll just go find ano