Title and Title Insurance in Colorado Real Estate. Very important information to know.
Below I will address many of the basic and common questions concerning Title and Title Insurance in the State of Colorado. I wrote a post about Title Insurance way back in 2008 but I wanted to revisit this topic and cover it in more detail and cover a few issues and questions I’ve been asked lately.
Find out what your home is worth.
As always in any real estate transaction it is best to hire an attorney to review and discuss title issues with you as well as the entire Colorado Contract to Buy and Sell Real Estate. If you are spending a few hundred thousand dollars or over a million to buy real estate why not spend a few hundred to have an advocate like an Attorney covering your butt. I’m always surprised at how few people hire and use good legal advice when buying and selling Colorado Real Estate.
Real Estate Market Reports for Parker, Colorado.
What is Title to Real Estate?
Title describes the Legal terms or matters affecting a piece of property. Real Estate Title affects how you can LEGALLY own, use, access, and yes even sell your property. Think of Title as your legal rights to the property.
More examples - A Title Commitment can show you if there are easements for power lines that could be built on your property or rights of way for neighbors to cross your land. Mineral rights may be listed and this is a hugely important topic right now in Douglas and Elbert County Colorado. It’s also very important to find out if there are any liens on the property that may not be discharged.
Do I have your attention? Yes title and knowing about title is vitally important to your real estate transaction.
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