Experienced realtors develop a keen sense for potential problems in a real estate transaction, and this intuition can be invaluable in identifying potential title issues early on. By being vigilant and recognizing certain “red flags,” realtors can alert the title company and potentially prevent significant delays and complications down the line.
Pay close attention to aspects such as:
Unusual Seller Situations: Properties being sold after a recent inheritance, involving multiple sellers with complex relationships, or those with a history of quick turnovers can sometimes indicate underlying title complexities.
Inconsistencies in Disclosures: Discrepancies or omissions in property disclosures regarding past legal issues, boundary disputes, or easements should raise a flag.
Age of the Property: Older properties may have less digitized records, increasing the potential for undiscovered historical issues.
Neighborhood Concerns: Rumors or documented disputes regarding property lines or access within the neighborhood warrant further investigation.
By communicating these observations to Tier 1 Title early in the process, you enable us to conduct more focused research and address potential issues proactively. Your insights from the field are a crucial component of a smooth and successful transaction for everyone involved.
