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Be aware of the common obstacles that people face when dealing with titles. Read on for more information and advice.

Common Title Obstacles (and How to Overcome Them)

April 20, 2017

Don’t get tripped up by common mistakes when securing a title policy. 

In almost all real estate transactions, there are title issues that must be cleared up in order to transfer ownership of the home from the seller to the buyer. Closing setbacks cause headaches for everyone involved. In fact, title companies report that in more than one-third of all real estate transactions, they must undertake ‘extraordinary work’ to address title issues. The title company will examine public records, look for past deeds, wills, trusts, and more that may be defective or outstanding. When obstacles occur, extra time may be needed to address and resolve the issue. 

The following items require added clearance and processing time for escrow and title. 

  • Bankruptcies  

  • Probates  

  • Foreclosures  

  • Family Trust  

  • Business Trust  

  • Recent Construction  

  • Clearing Liens, Judgments  

  • Clearing Child/Spousal Support Liens  

  • Proper Execution of Documents  

  • Proper Jurats, Notary Seals  

  • Last Minute Changes in Buyers  

  • Last Minute Changes in Coverage  

  • Establishing Fact of Death-Joint Tenancy  

  • Use of, Proper Execution of Power of Attorney  

  • Transfers/Loans Involving Corporations/Partnerships  

  • Physical Inspection Findings-Encroachments, Off-Record Easements 

Avoid delays by providing as much information as you can, and as soon as possible! Don’t wait to get started – Contact Fidelity National Title for more information on our residential title services.