Title and Clear Lien Search: If a professional title attorney clears the title of our forclosure home, and

Asked by Nancy, vanberg Sun Apr 13, 2008

we buy the house, is the title company responsible for any liens they may not have uncovered? Can this come back to bite us? And, do you recomend having 2 title companies work on clearing our foreclosure..just to be safe?

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Mark Lee, Home Buyer, San Jose, CA
Tue Dec 16, 2014
It's a lot easier to just use a title company, especially when it's a higher-end property that requires a major investment and you have money to spare. Before closing, you can purchase a good title insurance policy will cover all of possible title problems for the owner.
If you want to find out yourself, you can get an online title report within few minutes on website such as http://www.nextace.com or http://www.searchq.com
Web Reference:  http://www.searchq.com
3 votes
James, , Royal Palm Beach, FL
Wed Sep 2, 2009
To Minimize their Liability Most Title Companies/ Real Estate Attorneys use Tax & Lien Search companies for every closing, One of the most reputable company used by most closings agents is Skyline Lien Search they are currently handleling masive foreclosures for mayor REO Law Firms.
Web Reference:  http://www.skylinelien.com
1 vote
Jm, , Florida
Tue Mar 10, 2009
This is becoming more and more a frequent occurrence due to current environment, where so many previous home owners went into default, and left with violations or unpaid bills. However, you do not have to be a victim, or worry about these potential unrecorded liens, such as code, utilities, waste, and municipal liens -if your title company is also using a professional lien search company. Most reputable companies are using one, so check to be sure. They should be using one in conjunction with the title search if you are in a lien superior state. A good company currently performing this service is Property Debt Research in Florida.
0 votes
Myke Atwater, Agent, Santa Rosa Beach, FL
Sun Apr 13, 2008
I would assume that you have title insurance that was part of your closing costs. Ask the attorney at the title company for a professional opinion if you have doubts.
Web Reference:  http://www.MykeTriebold.com
0 votes
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