ZipInsight - One Stops Solution to Get Crucial Property Information
Have you found a property that you would like to buy? But, before entering into a deal, do you check the important documents and property title report? This is must especially when the property is a foreclosure, short sale or bank owned property. Title gives you right to own a property and title report provides complete record of that property’s ownership. Title report contains various essential information that you need to evaluate your potential investment like lien on property, lien on property for Money owned, CC&Rs and easements. That’s why, it is always recommended to check the title report carefully before taking any final decision.
Why You Need A Property Title Report? The title report gives confirmation that seller has the right to sell the property. When a property is shifted to another person, the property transfer is recorded in the public records. If a property is sold many times to different owners; the title report will list the date of each sale with the name of owner in each transaction. By checking property title report, you can ensure that you have a clear title and property is really for sale by the owner. Apart from it, title report covers other important details of any liens against the property. It might include the list of several different liens like:
Property Taxes:- If the property taxes become delinquent then local taxing authority can impose a lien on the property for the amount of past due taxes with interest and penalties. Property tax liens mean that if property is sold then property taxes should be paid before any other existing liens. Mortgage Liens: - This is a common form of lien. In this, buyer may be considered as a property owner but mortgage company also has legal interest in the property. The interest needs to be paid in full when the property is transferred to another person.
Other valid liens include income taxes, liens for spousal support or judgment filed as a result of lawsuit, etc. When you purchase a foreclosed home, you would be responsible to clear any remaining liens after the lender. This could cost you dearly if you don’t have all the crucial property title information with you. ZipInsight.com – Easy Way You to Find Authentic Property Information If you are looking for easy way to get important property related information then zipinsight.com is here to help you. At ZipInsight.com, they allow users to access complete property report so that you can crack a best deal that is worth your hardearned money. Whether you want to buy or sell a property, they allow you to get accurate valuation of the property within few clicks on your desktop or mobile. With ZipInsight.com, you can access the comprehensive property report for any property in the US that includes judgment liens, taxes, property details, sale history, and other details. Along with this, you can also avail hard to find lien information such as Lien on Property, open liens, HOA liens, etc. in an easy and convenient manner.