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 Buffalo. 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 Buffalo, 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 Brett Buys Roc Houses LLC can help you walk away from your troubles with a fair cash offer to buy your house in Buffalo directly. At Brett Buys Roc Houses LLC, our professional buyers will detail what you can expect without making a direct sale vs. our offer for your Buffalo house, which we want you to agree is fair. At Brett Buys Roc Houses LLC, 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
If your home has title problems, there are a few resolutions you can seek out. One is to work with a title company to clear the title so you can sell your house. Although it’s crucial that you research the title company carefully and make sure they’re proactive in assisting you, you shouldn’t have to chase them down for progress to happen. If the issues are severe, you may want to contact a real estate attorney to handle the complications. Be sure to discuss fees before working with any title company or real estate attorney. Another potential resolution is to work with the party who placed the lien or encumbrance on your property in the first place. If you can come to an agreement, they may be willing to release the lien or encumbrance. This is typically done through satisfaction of a mortgage or deed of trust. If you’re not able to resolve the issue on your own, you may need to go through a more formal legal process. This could involve going to court or working with a mediator. The goal would be to have the lien or encumbrance removed from your property so that you can sell it.
Brett Buys Roc Houses LLC
The professional buyers at Brett Buys Roc Houses LLC can save you time, money and headaches if you’re ready to sell a house with title problems in Buffalo. Talk to one of the local pros at Brett Buys Roc Houses LLC 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 Brett Buys Roc Houses LLC 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 Brett Buys Roc Houses LLC at 585-299-9709.