Home Buyer Resources

Why Do I Need a Title Report?

As much as you as a buyer may want to believe that the home you have found is perfect, a clear title report ensures there are no liens placed against the prior owners, or any other documents that could restrict your use of the property.

check the title on your home

What Does a Title Report Do?

A preliminary title report provides you with an opportunity to review any impediment that would prevent clear title from passing to you. When reading a preliminary report, it is important to check the extent of your ownership rights or interest. The most common form of interest is "fee simple" or "fee," which is the highest type of interest an owner can have in land. Liens, restrictions, and interests of others excluded from title coverage will be listed numerically as exceptions in the report.

Other Considerations

You also may have to consider interests of any third parties, such as easements granted by prior owners, that limit use of the property. Some buyers attempt to clear these unwanted items prior to purchase. A list of standard exceptions and exclusions not covered by the title insurance policy may be attached. This section includes items the buyer may want to investigate further such as any laws governing building and zoning.

Still Have Questions About Buying a Home in Central Ohio?

If you have any questions, please contact our office. Either DeLena or a member of her team will respond fast!

Central Ohio Real Estate Resources

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