What Is A Title Search and Why Is It Important?
One of the few times I told my father he did something wrong involved him buying a couple of lots from an old gentleman allegedly at the same price the man had purchased the lots several years before. The lots are in a subdivision in the mountains in a very desirable location overlooking a major river. I asked him what attorney he had used, whether he had a title search done, and if he had purchased title insurance. When he told me that he hadn't purchased title insurance, the warning bells and alarms started going off in my head.