When selling your Columbus, Ohio home in as-is condition, you don't have to invest in repairs or renovations to make it more marketable. However, that doesn't mean you can skip out on property inspections altogether. You still need to make sure your property has a clean title and doesn't suffer from any defects before putting it up for sale. But what if it has title issues? You might start thinking, "how do I sell my house in as-is condition in Columbus, OH?" Don't worry, seasoned cash home buyers in Columbus, OH like Offer Express are here to help. We buy houses in as-is condition in Columbus, OH, so you won't have to worry about looking for a potential buyer for your property. However, if you want to know how to deal with property title issues in Columbus, OH yourself, keep on reading.
If you're a homeowner or the owner of a real estate company, it's important to have some knowledge regarding the legal procedures and title transfers involved in your property. You need to know these as these are crucial to selling your house in as is condition in Columbus, Ohio. To help you stay informed, we've listed down some of the legal procedures you might encounter when dealing with property title issues in Columbus, OH.
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Recording errors
Public record errors are another usual source of title problems for properties in Columbus, Ohio. Typically, the clerks and assistants tasked with entering data regarding your property are to blame for these errors. Consult your local government offices and check your public records for accuracy now to avoid title problems later on.
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Liens
When your house is used as security for a debt or other obligation, a lien will be placed on its title. A specific kind of security interest relating to an overdue obligation is a lien. Even though there is a lien on the property, the lender is still allowed to foreclose on it. Even after the property has been sold, the lien is still in place. It must be immediately paid before a clear transfer of title and ownership may occur.
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Property encroachment
Encroachment occurs when your property and your neighbor's property cross over. This needs to be fixed, and your properties need to be well defined. To ensure that borders are accurately defined, you might need to enlist the help of a land surveyor. To prevent future problems, the property's exact boundaries and measurements must match those on its certificate.
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Forgeries
Another common title problem is a forgery. Forgery occurs when previous owners or shrewd sellers try to sell property with sections on the title altered to suit their objectives. You might even find that some property titles entirely consist of invented material. To ensure that your title is not the result of fraud, make sure to check your property's history with the local land registration office.
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Rights to inheritance
If you bought a house after the former owner passed away, you might find that people claim to be his or her heirs and assert that they are entitled to the property. They might have been unnamed or missing at the time of the owner's passing, and if they can prove their ancestry or provide documents, they would very well have a legal claim to the property. Be observant and take note of these people as it can be very easy to lie about their rights to a property when the original owner is already dead.
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