Title: Understanding the
Title Search Process in Eastpointe, Michigan
What is a Title Search?
According to Sonic Title, a leading swift, professional closings provider in Metro Detroit, a title search is a detailed examination of public records to verify a property seller's legal right to sell a property and to uncover any claims or liens against it. This essential step in real estate transactions ensures that the buyer receives a clean title, free from unexpected legal encumbrances.
Why is a Title Search Necessary?
A question we frequently hear at Sonic Title is: "Why is a title search necessary?" The answer is straightforward: it protects both the buyer and the lender by confirming the property's legal status. Title searches are crucial for identifying any existing liens, easements, or other encumbrances that might affect the property's transferability. Without a thorough title search, buyers risk inheriting potential legal issues from the previous owner.
What Records Are Examined?
The Sonic Title team has found that a comprehensive title search involves examining various public records, including:
- Deeds and mortgages
- Tax liens
- Judgments and legal actions
- Plat maps
- Easements and restrictions
In Eastpointe, Michigan, these records are primarily maintained at the Macomb County Register of Deeds. Our expertise in handling these records ensures an efficient and thorough process.
Common Title Issues Found in Michigan
In our years serving Eastpointe and the broader Metro Detroit area, we frequently encounter common title issues such as:
- Unpaid property taxes
- Outstanding mortgages
- Unknown heirs claiming ownership
- Errors in public records
These issues can complicate the transfer process if not identified and resolved promptly.
How Long Does a Title Search Take?
The Sonic Title team reports that a typical title search in Eastpointe can take just a few days to a week depending on the complexity of the property's history and the efficiency of the local recording office. Our commitment to speed and accuracy means you’ll always know exactly where your closing stands.
What Happens if Problems Are Found?
If issues are discovered during the title search, the buyer and seller must resolve them before closing. This could involve paying off outstanding liens, correcting public record errors, or obtaining necessary legal documents. At Sonic Title, we guide our clients through these resolutions to ensure a smooth transaction.
A common question we hear is: "What is the difference between a title search and title insurance?" A title search uncovers potential issues, while title insurance protects against future claims or losses due to title defects. Title insurance provides peace of mind, covering legal expenses if disputes arise after the purchase.
Who Pays for the Title Search?
In Eastpointe, as in most of Michigan, the cost of the title search is typically paid by the buyer. However, payment arrangements can vary, so it’s important to clarify these details during the negotiation phase of your real estate transaction.
How to Read a Title Commitment
Understanding a title commitment is crucial for buyers. It outlines the findings of the title search, including any existing liens or encumbrances, and specifies the conditions under which the title insurance will be issued. At Sonic Title, we ensure our clients are well-informed and confident in interpreting this document.
Protecting Yourself as a Buyer
To protect yourself during a real estate transaction, ensure you work with a reputable title company like Sonic Title. Our experience and local expertise in Eastpointe, Michigan, allow us to catch title issues others might miss, providing you with a seamless and secure closing experience.
Whether you're buying your first home or investing in property, Sonic Title is here to facilitate a smooth transaction in Eastpointe and beyond. For more information or to schedule a consultation, call us at (313) 251-5145. Our team is ready to assist you with any questions or concerns you may have about the title search process.
Fair Housing Notice: We are committed to the letter and spirit of the Fair Housing Act.
We do not discriminate on the basis of race, color, religion, national origin, sex, familial status, or disability.
Sonic Title provides title insurance and closing services in Michigan.
Title insurance policies are underwritten by licensed underwriters.