What is a Title Search?
Buying a property can be a stressful experience, especially if you’re a first-time home buyer. Part of the stress is not being fully aware of what issues you might be taking on when you take over ownership of the property. What people typically think about is the physical issues that might arise when you really start to live in the home (ie. leaks, broken appliances, etc.) but the even scarier issues are those that you can’t physically see but you may be legally responsible for. This is why a “title search” is so important, but what exactly does this mean? Let's unravel the mystery of title searches and understand why they are a key piece of the property closing process.