If you need to sell a house, an issue with the title can throw a wrench into the works. It can be heartbreaking to go through all of the work and hassles of selling only to find out when it is finally time to close that issues exist with a title you believed to be clear. The best way to avoid wasting time and money listing your house is to be proactive and perform a title search before you sell.
Delays can be costly as you must resolve any issues for the sale to proceed, and the monthly holding costs of your house continue to roll in. While it would be impossible to cover every detail of title problems here, read on as we explore the basics of how to sell a house with title problems in Richardson. This article is for informational purposes, not financial or legal advice.
Commonplace Issues
Various issues can arise when selling a house with title problems in Richardson, such as local, state or federal tax liens or liens from unpaid bills to contractors. In addition, there could be disputes over the boundary lines or even claims on the property from missing heirs or other ownership claims. If you or the previous owner has a common name, issues have also arisen from cases of mistaken identity. Sadly, problems can also arise from human errors in recording details on the deed. Ensure you have gathered all possible documentation when you’re working to resolve the issue to prove your claim. Professional buyers like the pros at Lumen Homebuyers can help you walk away from your troubles with a fair cash offer to buy your house in Richardson directly. At Lumen Homebuyers, our professional buyers will detail what you can expect without making a direct sale vs. our offer for your Richardson house, which we want you to agree is fair. At Lumen Homebuyers, everyone on the team has the same passion for helping our neighbors, which is why it’s important to us that you feel good about your deal long after closing.
Resolutions
When you’re selling your house, the last thing you want to deal with is a complicated title. But if your house has title problems, you may not have a choice. Fortunately, there are some resolutions that can help you sell your house even with title issues. One resolution is to seek out the assistance of a title company. A good title company can help you clear the title so you can sell your house without any problems. However, it’s important that you research the title company carefully and make sure they are experienced in clearing titles. Otherwise, you could end up wasting your time and money.
Another resolution is to contact a real estate attorney who has experience dealing with complicated titles. This option can be more expensive than working with a title company, but it may be worth it if the issues are severe. Whatever option you choose, make sure you understand the fees involved before moving forward. Clearing a complicated title can be expensive, so you’ll want to be sure you’re prepared financially. If you’re selling your house and you’re dealing with title problems, don’t despair. There are options available to help you sell your house even with a complicated title. Do your research and talk to experts to find the best resolution for your situation.
Lumen Homebuyers
The professional buyers at Lumen Homebuyers can save you time, money and headaches if you’re ready to sell a house with title problems in Richardson. Talk to one of the local pros at Lumen Homebuyers about your situation with absolutely no obligation whatsoever to find out how easy it is to jump over the hurdle of title problems when you sell directly. In addition, professional buyers at Lumen Homebuyers never charge commissions to sellers, and no hidden broker fees or other surprises are awaiting you at the closing table when you need to sell a house. Call Lumen Homebuyers at 214-624-3961.