How the Information Provided in a Title Search Impacts a Real Estate Transaction

by Leslie Howard 03/21/2020




 Photo by Gerd Altmann via Pixabay

There are many title companies available to complete a title search for you. However, if you’re trying to reduce some of the costs associated with buying a property, you can complete a title search on your own and potentially save hundreds of dollars.

1. Identify the Property

Start by gathering as much information on the property as you can find. This information should include the home address, the county in which it is located and the current owner's name.

2. Look Up the County Office

It can take some time to browse various county offices for information on the home, but this is a necessary step. Look for information with the county clerk, the county record and the county tax assessor first. If you are unsure of how to find each county office, start by checking out your state government website. Once you’ve found that web page, you should be able to navigate to each county and find which local office has the property records on file.

3. Locate the Property in Public Records

 Research the property information with the proper county office. This can be done online or in-person. However, most public records are available online digitally. Requesting public records online can save a great deal of time but remember that you will likely have to pay additional fees to request a copy.

4. Review the Property Details

When completing a title search, you’ll want to access the most recent deed for the property. The deed you’re looking for should include the current owner's name, as well as the person or entity that sold the property to them. You should search the document as far back as possible, looking for any transactions between buyers and sellers—which may take you back several decades. Take the time to make sure that each deed passed from each person correctly, to create a chain of title.

5. Look for Potential Issues

While reviewing the title, keep an eye out for possible issues like tax liens or gaps in ownership. If you notice something like a seller that wasn’t included as a buyer on a previous document, you may not be able to complete the purchase.

Remember that even though it can take some work, you should always be able to find the property in question. If the property doesn’t show up in your search, some of your information is incorrect or it’s not in the current recorder system.

About the Author
Author

Leslie Howard

Leslie Howard joined the Sotheby’s International Realty team early in 2018. Despite her recent start, she hasn’t missed a beat. This is partially due to Leslie being a Denver area resident for over 20 years. As an invested resident in her community, she has a developed a keen awareness and understanding of the Denver metropolitan area. With her knowledge of the community, her excellent communication skills and a resilience to get the job done, Leslie is well on her way to a long-term, successful relationship with real estate. She is both SRS (Seller Representative) and CMAS (Certified Mountain Area Specialist) certified.

Prior to real estate, Leslie’s entrepreneur spirit has led her on numerous successful business ventures. She has taken the same persistence, energy and passion that it took her to launch successful businesses into her new passion of real estate. In addition, Leslie is skilled in Aviation management as she has successfully managed a corporate hangar space housing the aircraft of some of the world’s biggest brands. At the end of the day, Leslie is known as a people person. Her sincere heart and deep desire to see the dreams of people fulfilled is uncanny.

Leslie currently calls the mountains in Conifer, Colorado, home where she lives with her husband, Charles and their two boxers. They have two sons Dominick and Garrett. Leslie loves the outdoors, auto racing and rescuing horses and donkeys.
Designations/Licenses: Seller Representative Specialist