Buying a home is an exciting milestone in life, but it is also a huge investment that requires careful consideration and research. When purchasing a property, one of the most important steps is making sure that the title is clear and free from any encumbrances or legal issues. For Southside buyers, it is important to understand the difference between title insurance and a title search in order to make an informed decision.

Title insurance is a type of insurance that protects a homeowner from losses due to title defects or encumbrances that were not uncovered during a title search. It provides coverage against potential problems that may arise in the future, such as a lien or a boundary dispute. Title insurance is typically purchased when a home is purchased and is usually paid for by the buyer.

A title search is a process of researching the ownership history of a property, which includes an examination of public records to determine if there are any liens, encumbrances, or legal issues associated with the property. The title search is conducted by a title company or professional title searcher to ensure that the title is clear and that there are no issues with the ownership of the property.

For Southside buyers, it is important to understand the difference between title insurance and a title search in order to make an informed decision. Title insurance provides protection against any title defects that may arise in the future, while a title search is used to uncover any potential problems with the title prior to purchase. While title insurance is typically purchased by the buyer, a title search may be conducted by the seller as part of the purchase agreement.

By understanding the difference between title insurance and a title search, Southside buyers can make an informed decision when purchasing a home. The peace of mind that comes with knowing that the title is clear and free of any encumbrances or legal issues is invaluable, and can help ensure that the home buying process goes smoothly. Title Insurance vs. Title Search: Clarifying the Difference for Southside Buyers