Of all the steps involved in real estate transactions, a title search is the most crucial step. Therefore, when you purchase a property, one of the parties you must deal with is a title company. In the process, the title company will be tasked with the title verification so that the real estate buyer gets a genuine property. In other words, a title company makes sure that a property seller is entitled to sell the property to a buyer. After successful verification by a title company, the buyer will be backed up by title insurance. The insurance will protect the owner and/or lender if someone decides to claim a particular property in the future.

How would it feel to own a property with the guarantee that no one will ever claim? Certainly, it is gratifying. That’s exactly what one should feel when they become ‘the owner’ of a property which has gone through a title search. Basically, that is not just enough. The title search has to be performed by a legitimate company.

A title search company may too be engaged in carrying out the closing. The company will uphold escrow accounts in which your closing values are held until you close your loan. On the other hand, the company that deals with closing and the company that handles title and title insurance will differ.

A title search on a piece of land or house will ascertain:

• Lawful ownership (the current titleholder of the property)
• Recorded liens and/or the outstanding claims on the property.

Fort Lauderdale Title & Escrow has also been in the field offering other essential searches that include lien searches and municipal searches.

Municipal search

In case you are not experienced in property acquisition, here is a quick disclaimer: There is a sort of worry involved when acquiring a home! You have to ask yourself questions like; will the house meet the inspection demands? Will your investment go through? What about the neighborhood? Will it be safe? Will the school district be conducive for your kids?

Now, you can avoid all these worries by doing the appropriate research or adequate diligence before making an offer. It will save you from nightmares and blows particularly if you are new to home buying. While title search may help in this situation, the municipal search will also do away with your worries. It will handle unrecorded debt as well as property matters.

Our municipal lien search is necessary as it will help you uncover many issues like:

• Property and tangible taxes

You will find the latest three years of property taxes uncovered. More so, a review of all the property taxes will be highlighted in the report.

• Special assessments

These are obtained for projects such as new water, roads, or sewer hookups. Our search will hint you at unsettled installments from government projects.

• Code violations

Imminent code violations aren’t formally listed in the public record. A municipal lien search will reveal whether there are any current amounts due or open cases.

• Unpaid utilities

Unpaid utilities can be a stumbling block to your property acquisition. Fort Lauderdale Title & Escrow will give you updated billing details available to avoid unforeseen water bills.

• Municipal Payoff Report

When a pending or an open matter has fines associated, a Fort Lauderdale title search will give the payoff report to verify the unrecorded debt.

• Expire or Open Permits

Upon demand, expired or open permits will be given. Further, a detailed record can be provided to a client when available.

Lien search.

Lien search is a quest on a financial claim put on the property of which it will prevent it from sale until the allotted payments are settled.

A property can be placed under two sorts of liens. A voluntary lien describes a lien in which a property owner consents. For this type of lien, a contract is made before placing the property on a lien. Under this kind of arrangement, the lien will not negatively impact the property, the title, or even the homeowner’s capacity to convey the title.

A lien placed on a property because of unsettled obligations such as a home improvement invoice or tax bill is called an involuntary lien. Involuntary can also be referred to as mechanic’s lien. Such liens will harm your ability to market a property.

If you are a property seller or buyer, seeking any of these services, look no further. Fort Lauderdale Title & Escrow has everything you need to get the best services. Our quality and affordable services will suit you. No doubt.