How Errors in Public Records Can Impact Your Title

Every property has a historyWhen you purchase your new home, you will want to make sure it does not come with its own set of baggage. This history, if not accounted for properly can make your new home purchase a nightmare. Here’s how errors in records may impact your home title. 


The Importance of a Title Search 


When you go through the process of purchasing a home, one of the steps during the real estate transaction’s closing process is a title search. A title search determines whether any title defects can affect the purchase or the property. 


title search will determine if the title is clear or if there are previous mistakes that have been made in public records. Depending on where you purchase your home, a title search will search the public records of these entities: 


  • Clerk of courts 
  • Office of recorders 
  • Registrar of deeds 
  • Municipal and county documents such as judgments, street and sewer assessments, and special taxes and assessments 


Depending on what is found during the title search, the mortgage company can refuse to continue with closing and the purchase, or the issues can be resolved before purchase. 


Common Title Search Errors 


Title search errors can affect a potential buyer during the homebuying process. In some cases, these issues can make the home purchase fall through. A comprehensive title search by True Concept Title will help determine if any issues are connected to your property. 


Some of the most common title search errors found are: 


  • Undiscovered liens 
  • Mistakes in public record 
  • Missing heirs 
  • Forgery 
  • Unlawful deeds 
  • Boundary and survey disputes 
  • Impersonating an owner 
  • Undisclosed owners 
  • Undisclosed easements 


These errors can completely change the outcome of the real estate transaction. An undiscovered lien can force the new owner to pay off an unpaid debt from a previous owner. Or a missing heir can result in the loss of ownership even after the property is purchased. You may even find out the boundaries or easements on the lot are not what you were anticipating. 


How to Avoid Errors in Public Records 


As a buyer, it is nearly impossible to avoid errors in public records. You have no control over the property’s history and/or any mistakes that have been made with previous filings and recordings. 


That is why as a new owner you need to purchase an owner’s policy and title insurance. Title insurance protects your ownership rights from any defects and errors. Title insurance may also cover both the legal costs and certain losses that may sustain from a title defect. 


Protect Your Title With True Concept Title 


A proper title search and purchase of title insurance will help you to avoid any errors that were made in public records regarding the property. Our team of title specialists will work to ensure any errors in public records will not impact your new home’s title. 


You have a choice when it comes to your title, call True Concept Title’s Tampa Bay-based office at 813-263-7168. Contact us today for a comprehensive title search or to learn about our escrow, mobile closings, or how we support mortgage partners nationwide.  

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In an age where technology continuously reshapes how we conduct transactions, e-closings, and digital signatures have emerged as transformative forces in the real estate industry. These innovations streamline the buying and selling process, offering numerous advantages over traditional paper-based closings. At True Concept Title Company , we embrace these advancements to provide clients with a seamless and efficient closing experience. Here’s a closer look at the key benefits of e-closings and digital signatures. Convenience and Accessibility One of the most significant advantages of e-closings is their unparalleled convenience. Digital transactions eliminate the need for all parties to gather in person, allowing buyers, sellers, and agents to close deals from virtually anywhere in the world. This flexibility is particularly beneficial for individuals with tight schedules or those living in different locations. E-closings also empower you to review documents at your own pace. You can sign digital documents securely at a time that suits you, reducing the pressure to finalize everything in a meeting. This convenience translates to a more relaxed and stress-free experience for everyone involved. Enhanced Security Measures Digital signatures offer enhanced security features that protect the integrity of your documents. Electronic transactions often utilize encryption and secure identities to ensure that signatures are genuine and documents aren't altered post-signature. Many e-closing platforms offer audit trails , allowing you to trace every step of the signing process. This transparency provides peace of mind, as both parties can verify the authenticity of the documents and who accessed them. Additionally, digital storage of these documents reduces the risk of loss or damage compared to physical papers. Increased Efficiency and Speed E-closings significantly expedite closing, reducing the time to finalize real estate transactions. By eliminating the back-and-forth associated with mailing documents, closings can be completed more rapidly. This speed is particularly useful in competitive markets where timing can influence the success of a deal. Furthermore, e-closings streamline communication between all parties involved. Any changes or updates can be managed in real time, ensuring everyone stays informed and on the same page and reducing the likelihood of miscommunication. Environmentally Friendly Practices The shift from paper-based transactions to digital signatures contributes to more sustainable and environmentally friendly business practices . By minimizing the need for printed documents, e-closings help reduce paper use and the carbon footprint of transporting physical documents. This eco-friendly approach is becoming increasingly important to clients conscious of their environmental impact. By adopting digital solutions, you contribute to a more sustainable future while enjoying the benefits of modern technology. Cost Savings E-closings can also lead to significant cost savings. By reducing the need for physical resources such as paper, printing, and postage, you can cut down on these expenses. Additionally, the increased efficiency of digital processes can save on administrative and labor costs. Moreover, fewer errors occur in digital processing, reducing costs associated with correcting mistakes commonly encountered in manual paperwork processing. Conclusion: As the real estate industry evolves, embracing e-closings and digital signatures represents a move towards greater efficiency, security, and convenience. At True Concept Title Company, we are committed to leveraging these technologies to enhance your closing experience. Whether buying or selling, consider opting for an e-closing to enjoy its many benefits. Ready to experience the convenience of e-closings and digital signatures? Contact True Concept Title Company today to learn how we can simplify your home transaction process with the latest digital solutions. Embrace the future of real estate with us!