Four Key Roles of a Title Agent in Deerfield Beach

 

Four Key Roles of a Title Agent in Deerfield Beach

Navigating the world of real estate as a purchaser or seller can be overwhelming and confusing. Because these transactions are multi-layered and depend on so many moving parts, it’s easy to feel discouraged or lost. When we think about getting help navigating the industry, we think of real estate agents, or maybe a mortgage loan company—but what about title agents? Most don’t understand the role of a title agent in Deerfield Beach. Without having an Expert Title Company agent working with you, it’s easy to run into pitfalls and hurdles in your home buying journey. Here are the five key roles of a title agent: 

Conducting Title Searches 

Unless you’ve purchased a home previously or work in the real estate industry, you likely have no idea what a title search is. For the uninitiated, title searches in Deerfield Beach accesses the property’s official records to ensure everything proceeds smoothly. They can uncover pre-existing liens, back-owed property taxes, and any restrictions or easements on a property. Title searches may also reveal legal issues which may stand in the way of real estate closing, like other parties who may have stake in the property. 

Closing Real Estate Transactions 

While searching for a new home is equal parts exciting and stressful, the closing stages of homebuying are the most important. This final stage involves the legal transference of property ownership and payment and is final, so being sure everything is done correctly is vital. With a title agent in Deerfield Beach, you have professional assistance in ensuring your needs are met. Title agents make sure all contractual obligations are met by both parties and the terms are still agreeable. They also assist in overseeing real estate closings through escrow services. 

Escrow Services in Deerfield Beach 

Escrow services in the home buying process are necessary to protect both parties. As the buyer, putting the money in escrow gives you leverage when dealing with sellers. By proving you have the funds to complete the sale, it is easier to negotiate the terms of your purchase and enforce their contractual obligations. Placing money in escrow also ensures it cannot be used for anything other than its intended purpose, so you can rest assured it is not used improperly. 

At Expert Title Company, our title agents oversee the entire real estate closing process. They ensure all paperwork is completed, properly filed, and all terms are met before the sale is completed and money is exchanged. This helps to ensure you don’t get stuck with unexpected issues like repairs or undisclosed property debts. 

Title Insurance 

A title agent in Deerfield Beach does more than hand over the deed upon completion of a sale. They can also offer title insurance coverage, just in case something was missed during the title search or other stages of the purchasing process. Should you suddenly discover there was extensive, pre-existing damage to the home which was not divulged prior to purchase, or factors which may invalidate your ownership of the property, title insurance will help to mitigate that financial loss. Your title agent can help you determine what type of insurance is best in your specific case and guide you through the process of filing a claim, should it be necessary.

Looking for a title agent? Contact Expert Title Company today!