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real estate settlement company

Why Should You have Title Insurance for Buying a Property?

Title Insurance for Buying a Property

Buying a property or a piece of real estate is mostly a once in a lifetime activity. Since it involves your hard-earned money and life savings, you should be aware of the risks that can come with the buying of property/real estate. The risks can, however, be managed by obtaining title insurance. What is title insurance? You obtain a ‘title’ for the property as soon as you purchase it. The previous owner hands over the ownership to you after you have completed all the formalities. This is completed through the registration of a document known as ‘transfer deed’. The main…

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At What Point Do You Need To Choose A Conveyancer?

Conveyancer

When it comes to the buying or selling of a property, there may arise the need to appoint a conveyancer. This is because a conveyancer can provide you with real estate settlement services, like advice and information, prepare documentation, and help you through the settlement process. It is important that the conveyancer is licensed to work for you. What is conveyancing? Conveyancing is the legal process of transferring the title of real estate or land from one person or entity to the new owner. The transfer of property to a new owner typically consists of the following: • Entering into…

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