Franklin TN Title Agents - Their role in buying and selling real estate in TN
In this episode from The Relocation Engineer (Engineering Your Next Move), the topic is the role your title agent plays in buying or selling real estate in Franklin Tennessee.
The title agent performs many tasks on your behalf behind the scenes and if all goes well you will never know how much the actually did for you. But if something goes wrong you will be glad that you have a trustworthy and knowledgeable agent protecting your interest.
Imagine a scenario where you are days from closing on the sale of your home and you get notified that the buyers title agent found that your home had an open line of credit from the previous seller. This will certainly delay the sale of your home and likely the purchase of your next home until they can get this lien removed. And as in an instance I have first hand knowledge of the bank may no longer be in business.
A diligent title agent should guarantee that when you sell property, that all liens will be cleared and any lines of credit closed. When buying a home a thorough agent will advise you early on if they find outstanding liens on a home so they can be addressed before the transaction closes and before title insurance is issued.
So when talking to your Franklin real estate agent make sure they understand the importance of the title agent and make sure to inquire with the title company how they guarantee these issues don't arise for you.
The Grumbles Team's Mike Grumbles is Your Relocation Engineer in Franklin, Tennessee 615-587-5843.
EXIT Realty of the South | 1227 Lakeview Dr. Suite 1 | Franklin | TN | 37067 | 615.550.5555 Each EXIT Office Independently Owned and Operated