Check Your Home’s Title Before You sellIt’s best to check all paperwork regarding your home before you sell so there are no surprises that hold things up.

Home Selling Title Tips – Texas Home Buyers: Imagine the great feeling you’ll have once you find a buyer for your house and the closing is coming up soon. You spent many long months searching for a buyer and the wait was expensive. The value of the house dropped month by month and you were forced to continue paying on the mortgage though you no longer live there. Paying double payments made a bad situation worse, but now you’ve found someone to buy the house and all will be well once again.

Don’t let anything stand in the way of the closing. Get all of your ‘ducks is a row’ and get the appropriate paperwork filed on time and in the right place. You will have inspections to go through if required by your locale. You don’t anticipate any problems with anything as the few issues you have had with the house have been fully disclosed in writing and the buyer is aware of them.

Check with a title company to see that you have clear title to the property.

There is one thing that could put a stop to the whole process. The title must be clear. This means that you are entitled to sell the house as the one and only owner (besides the lender). It doesn’t hurt to check with a title company before you sell the house in the first place. A clear title is what you will be looking for. Clear title means that you are, indeed, the owner of record and that there are no other owners listed that would have an interest in the property.

Liens must not be present and there should not be any other complications, such as blurry property lines or other such gray area that would be a potential problem for you and the buyers. There are stories that can be told of people selling their property, only to find out that someone has placed a mechanic’s lien on it or another entity has claimed an easement or other encroachment on the property lines.

The property should be sold exactly as surveyed and stated by the county in which the house is located. If there are 10 feet of easement that now belong to the utility company, that fact must be listed as such. Find out what the laws are regulating title in your area. The last thing you’ll want on that glorious closing day is to find a surprise of the worst kind that could hold up the process until resolved.

Filed under: House Selling