Tanya Rankin Video Blogs About What The Heck You Look For On The Title Search and Why!
Tanya Rankin: Hi, it’s Tanya Rankin in Williams Lake. A lot of people at the time they make an offer on residential real estate don’t realize how important it is to review the title search. Whenever you are making an offer through a licensed realtor professional, they have to supply you as part of the offer with a copy of the title search and that title search what you want to look for are the charges against the property. A lot of them have nothing but maybe mortgage or maybe nothing at all if the house is completely paid for, doesn’t tell you any details about the mortgage or information or personal things like that. But under the mortgage often you will find things like building restrictions that may limit the size of
shop you can build. Maybe the type of dwelling you can put on the property as well as things like easements, right of ways, any of those types of charges. The other thing you always want to look for are any liens put on against the property, because those have to be paid out prior to you purchasing the property to make sure you get clear title. If you have any questions send me an email anytime to firstname.lastname@example.org, and I hope you have a fantastic week.