How is a title search conducted?
A typical title search can go as far back as 30 years. A search begins when the examiner, a lawyer or an expert from your title company, investigates the previous owners of the property going all the back to when the land was purchased from the government by the original home owners. With the miracle of modern technology, examiners have been able to utilize the power of the Internet in order to expedite and perfect title searches, giving unlimited access to public documents at the click of a button. The examiner is looking for “clouds,” a title term for any problem that might affect the seller’s ability to successfully transfer the title of the home to the buyer. If “clouds” are detected, it’s crucial that you have title insurance to safeguard your investment. What role does title insurance play? Title insurance is essential because it protects the homeowner of their ownership. Title insurance safeguards the homeowner from loss due to problems with the title. Your policy states that yo
