Title Company is very important because it checks the property title to any liens or claims. If you buy a home, you always want a "free and clear" name. It ensures that any land debts, such as maintenance obligations, second mortgages, tax returns, etc., are paid off or that the lien holder forgives the debt.
You can choose Best New Jersey Title Company & Clear Skies Title Agency which protects your property against defects or problems.
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Although the lien resulting from sellers and their responsibility to care for them, the buyer does not have to buy a home without the title of "free and clear". After the transfer of the deed from the seller to the buyer, the buyer is legally considered to Home Owner and responsible for taking care of 1 Lien (Mortgage), as well as other liens against the property.
Another thing is the title insurance business. Title insurance covers the owner in real property from loss due to title errors, liens or other matters. It will protect up to the dollar amount of insurance provided by the plan against a claim challenging the title as it is insured, or changing the insured for the actual financial loss occurs.
It is important because if the title company missed anything when searching their titles, we will have some kind of protection. When the title company to do research to find liens, tax returns, etc., they can go back as far as 60 years. But you definitely want to work with a title company that has a stellar record of being accurate and easy to work with.