What is included in a title search?
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What is included in a title search?
A title search can be used for many purposes, as it includes the names of the property owner(s), restrictions on the land, mortgage details, lease details and other relevant information associated with the property.
How long does it take a title company to do a title search?
Depending on the number of documents the examiner must review, a title search will take anywhere from one hour to two weeks to complete. Read this search carefully and look for any hidden problems.
How far back does a title search go?
How far back do title searches go? Title searches may examine records for a house for as long as the property has existed or for as long as records have been kept in the particular township or county.
Should I use a title company or attorney?
They are the same whether an attorney or a title agent is facilitating the process. Using an attorney can actually save the parties money by performing double duty as an attorney and a title agent; a title agent cannot do the same.
How much does a lawyer charge for closing fees?
Legal Fees: Out of the money the buyer will pay to their lawyer, only a portion of it is the lawyer’s fee. This fee is for executing the title transfer and attending to all the details regarding the purchase. These fees typically range from $1,000 to $1,500, depending on the size and complexity of the transaction.
