Title Insurance Tuesday- Learn Here
Summit Title LDS
Summit Title LDS
Seems Like A Simple Question...
"What does it mean to buy a property "Subject to" ?
You can purchase a property subject to matters on the title that you or the seller do not want to pay to clear at the time of conveyance. These include delinquent taxes, judgments, DNS charges, even mortgages.
You must understand that you are assuming responsibility for these charges, and that these items are specifically excepted in your Owner's Title Policy.
You can purchase a property subject to matters on the title that you or the seller do not want to pay to clear at the time of conveyance. These include delinquent taxes, judgments, DNS charges, even mortgages.
You must understand that you are assuming responsibility for these charges, and that these items are specifically excepted in your Owner's Title Policy.
Stay tuned for another Title Tuesday- Learn More...
Brought to you by 
&
No comments:
Post a Comment