Skip to main content

Common Title Problems

home title insurance. Southern Title of Ohio
Title Insurance is an extremely important part of buying your home. Sure, it might be new to you but the property still has a history you may not be aware of. Title Insurance covers you from problems you discover after closing on your home. While there are as many issues as you can imagine, as a title company in the Mansfield and Sandusky area we're going to talk a little about the ones our clients are at the most risk of experiencing.

1.  Public Record Errors - Clerical or filing errors could affect the deer of your property and may cause a financial strain to undo them yourself.

2. Liens - Unknown liens come from a previous owner that is behind on their payments. The debt stays with the property regardless of who owns it. 

3. Illegal Deeds - Occassionaly deeds are signed by people who affect their validity. Someone who is a minor or a person who has been rule unsound of the mind can affect the future chain of owner's rights. 

4. Forgery - A document that was filed in public records with forged information could lead to the new owner's rights being jeopardized. 

5. Unknown Heirs - If a previous owner passes, a property heir may come forward with a will that bequeaths the property to them. 

All of these things sound pretty stressful, right? Where do you begin to handle the title dispute? Lucky for you, choosing title insurance with Southern Title of Ohio means you have a team of title professionals who have your back. With Title Offices in Mansfield, Galion, Sandusky, and Wooster clients have several conveniently located locations to choose from.  

Comments

Popular posts from this blog

The Difference Between Title Insurance and Homeowners Insurance

Title insurance and home insurance are often terms used together. However, they are two separate ideas. Because both title and homeowners insurance plans involve the home, you may have heard the terms used synonymously. And, although we understand the assumption that they are the same, they refer to two different things. Both are important for different reasons:  The main difference between homeowners insurance and title insurance is that one protects you against property damage, while the other protects your property ownership.  Homeowners insurance protects you against property damage. This protection includes any items inside your home. Property damage covers any possessions in the case of theft and even protects you in the event that an injury occurs to a guest inside your home. It does not protect you should a person claim to have title rights to your home, however.  Title insurance protects your property ownership. Title insurance does not cover infestations, fire d...

What you Need to Know About Property Titles

      There are a lot of steps when you are first buying a home, it involves finding a property, securing financing, making an offer, getting a home inspection, and eventually, when you have found the right fit, closing on your purchase. One of the most important steps before closing in on your new home is purchasing your title insurance. Here at Southern Title of Ohio LTD . we offer a multitude of services from construction loans and bankruptcy searches, to title insurance services. It is important that you are protected from whatever may happen after the initial search is done on your house, so we are here to tell you a little bit about what a title is and why it is imperative to your home buying experience.      A title is legal documentation that includes the specifics about a property you are purchasing and who owns it, often in the form of a deed. One of the steps in home buying is to have a title search completed prior to closing on your purchase. It...

The Benefits of Working with a Title Agency

  Acquire a secure and smooth title transaction for your new home with Southern Title of Ohio. You might think having a title agency on your side isn't necessary, but you'd be surprised by just how many little hiccups could come along in the process of homeownership. We've listed some of the ways we can assist you while encountering some of those hiccups:  Title Insurance Title insurance is especially useful in the event that the current owner of the home has a lien claim on the property due to substantial debt. Another reason title insurance is so beneficial is that the transaction process can be complex when family members and rightful heirs of the property are not notified. This could result in a complicated series of events and questions regarding who should claim the property, so it's good to trust a title agency like Southern Title for that extra layer of protection.  Title Search Services The title agency you choose to work with should offer extensive searches th...