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Reason 87 - Your Real Estate Agent Helps You Settle Title-Related Problems
Complications in most properties are always inevitable. But careful examinations and investigation before deciding to buy a piece of property is highly recommended. Settlement of title-related problems is a burdensome job. Surely, there are solutions, but only the partners have the know-how to get them fast, without exerting energy and money.
Some properties that are offered in the market have more than one title holders. This should not be taken lightly, as this a critical issue. Family-owned properties have their own problems too, when siblings do not agree whether to sell or not to sell them. Before deciding to buy a property, you better make sure to verify the legalities of the titles first. Legal advocates, a lawyer, for instance, can give sound advice and guidance.
Today, there are alternatives offered to protect buyers from this kind of problems. Title insurance shields buyers of future problem in acquiring the property title, in case there are glitches in the process of transferring the property ownership to the buyer. Other problems occur when other claimants will appear during the transfer of ownership transaction, such as “right or way” and other unique problems.
Realtors will provide you service as regards title-related issues, including verification of due taxes and assessment value of the property, of which copies can be obtained in the state’s title agency. Tax certificate will be issued on your behalf, after signing a contract with the seller.
While there are issues that accompany in the process of closing a purchase deal of a property, realtors are the best coordinators to settle these issues and achieve successful transaction. That’s why realtors play a very important role in any transaction of the real estate business, whether you are a buyer, or a seller.
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Billy Chen
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Tel: (+65) 88689999
Fax: (+65) 64021826
billy@billychen71.com
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