Information Obtained After a Title Deed Search In Easton And Lehigh Valley, PA

Posted by TraditionalAbstractPA on April 25th, 2021

Being able to buy a home after years of saving and cutting costs can be a joyous experience. One needs to safeguard the investment by ensuring that there is no existing property dispute at present. It helps to contact a company that willingly undertakes the task of conducting a property title search in Lehigh Valley and Easton, PA, in exchange for a fee. It would certainly not do begrudge this small expenditure. Avoiding a search can result in shocking revelations later on, with the new property owner having to lose one’s home as well.

It is always better to be safe than sorry, therefore. The company appointed to make the required search will have to go through a massive number of public records pertaining to the concerned property. Apart from confirming the ownership, the records are sure to reveal the remaining liens and litigation against it. The presence of multiple heirs with rights to the said property may become apparent in due course too. It might become essential to correct the property defects before taking possession to avoid future legal issues. Sadly, not all records are available in the public domain, so that any individual can access them by working for an hour or two searching the Internet. The hard to obtain records that remain hidden may come to light when a skilled title searcher recovers old documents with ancient property records being included in them.

While conducting a title search is usually the onus of a seller who needs to prove that the title to property is clear and above reproach, a prospective buyer may try to corroborate the facts by contacting a title company as well.

Conducting a thorough title search will thus help the concerned parties remain aware of the following:-

· A break in the chain of property owners with a third party being in possession of the conveyance deed. This prevents the existing owner from having a clear title of the said property

· Existence of tax, mechanic’s, or creditor’s liens on the property that must be cleared to have the title transferred legally

· An existing easement that limits proper use of the property or restricts entry

· The title is definite to be unclear when the present owner files for bankruptcy

· The ownership is disputed with the death of the present occupant resulting in another person claiming ownership during the process of executing the probate

· Limited access and usage of the property due to town zoning ordinances

· Presence of multiple mortgages on the property that must be discharged before the owner sells it

· Existing legal suits and judgment made against the owner that results in additional liens

· Claims of owning a part of the property by neighbors who occupy the adjoining land or building

· Foreclosure that has remained pending

· Divorce of custody proceedings in a court of law that may cause the estranged spouse to contest the property sale

Uncovering the required records after a title deed search in Easton and Lehigh Valley, PA, can help the owner to establish rights on a property

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TraditionalAbstractPA
Joined: November 26th, 2020
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