If you are new to home buying or selling and are trying to complete a transaction without a real estate professional, you may wonder why it is recommended to get a title search. The main reason that it is strongly recommended is because its an avenue to ensure the piece of real estate is real and valid that you are purchasing. The title company checks for outstanding liens against the property and provides insurance as well as ownership history. This helps protect all parties involved. For example, the buyer wouldn’t want to buy a home only to discover there is an outstanding bill due on the property. That new owner could end up being financially responsible for the full amount due even though they did not own the property when the bill resulted. By working with a title company on your closing, you have the piece of mind that a search has been done by the title company to ensure the property you are buying is a “marketable” title and is able to be sold. If this process was not done, then you could potentially buy a home only to discover that there are other parties that may have ownership rights to the property as well.

To learn more information about title companies, check out this article

If you are looking for a title company in Delta County, please check out these companies below:

Bay Title & Abstract

2403 Ludington St

Escanaba, MI 49829

(906) 233-9000

http://www.baytitle.com/

Delta Title & Abstract

201 Ludington St

Escanaba, MI 49829

(906) 786-3582

https://www.deltaabstract.com/

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