The most important reason to conduct a title search is to eliminate risk to you and your lender of future title claims and loss against the home or property you are buying. If the title search uncovers them, you can deal with it before you close on the home or property. Through the examination, Crown Title may obtain payoff releases, court orders, paid assessment letters or waivers to resolve most problems. Unfortunately, even the most careful preventive work cannot always locate hidden issues.
Crown Title works hard to ensure a property title is legitimate, so that the buyer may be confident that once the property sale is complete, they are the rightful owner of the property. To ensure that the title is valid, Crown Title will do a title search, which is a thorough examination of property records, to make sure that the person or company claiming to own the property does, in fact, legally own the property and that no one else can claim full or partial ownership of the property.
Once a title examination is completed, Crown Title will issue a title opinion to be relied upon by the parties involved.