A title company will ensure you receive a legitimate and unencumbered title to your new property
When you purchase real estate you want to be sure that title to that real estate is valid and without encumbrances. To ensure a smooth transfer you should use the services of a title company. A notary company such as Botsay can help you and make sure that the title to property you intend to purchase is legitimate and valid. They offer a range of notary and insurance services in Kenner, New Orleans, Gretna, River Ridge, Harvey and Metairie LA including title transfer.
Your title company has to make sure that the property title is legitimate and valid. A title company will perform a title search and a thorough document examination to make sure there are no problems with the title. This way you as a buyer can be confident that you will be the legal and rightful owner of the property you intend to purchase.
When performing a title search the title company will establish if there are outstanding mortgages, liens, judgments or unpaid taxes associated with the property. The title company will also check for any restrictions or other issues that might impact ownership
When you are involved in a title transfer it is a good idea to obtain title insurance to protect you against lawsuits and claims that result from title disputes. During a title transfer a certain amount of money will be required to close the deal. This money is applied to settlement and closing costs. A title company might also make use of an escrow account to protect the funds against fraudulent use.
The title company will act as settlement agent and finalize documentation, distribute funds and file the new titles and deeds with the appropriate departments and authorities.
Buying property involves a substantial amount of money and a title transfer is an intricate and complicated process best left to professionals such as Botsay.
