Why You Need a Property Title Search Completed Before Buying a Home

by | Oct 2, 2018 | Legal Services

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Have you found the dream home that you always wanted to own and not sure what to do next? Buying a home is one of the largest investments that a person will make in their life. They spend a substantial amount of time searching for the right home that fits their specific needs. When you purchase property, it is important to perform property title research in Ontario to ensure the sale is a success. Nothing can be more frustrating than to start the process of the acquisition to only have the sell halted due to a lien against the home.

What You Can Expect with the Search

A property title search in Ontario can track the chain of owners that have previously owned the land. You can find information such as the past and current owner of the property to ensure the title is clear before finalizing the sell. During the process, the company will check for any liens that were placed on property by creditors that want their debt paid off. While you would not be responsible for a lien on the home, the lien can prevent the sale from being finalized. A search will allow you to find any potential problems and provide the current owner with the time required to settle the issue before selling the home to you.

Obtain Peace of Mind with Your Purchase

The last thing you want is to complete the process of buying a home to only discover there is a problem. An issue that can result in you losing the home and risking the money you pay for the property. At Select Document Services Inc, they can perform the research for you to ensure the home you want to buy has a clear title.

Click here to know more about Property Title Search Ontario.