TITLE: TITLE COMPANY What is it? The process of buying a home in the United States is done through a title company.
TITLE:
TITLE COMPANY
What is ⁉
The process of buying homes in the United States is carried out through Teitel.
? ?
This is an independent neutral legal entity that includes insurance agents and attorneys licensed to register home ownership in the United States.
? The company checks the legal status of the property and makes sure there are no previous debts and liens on the property.
It is important to know that in the United States the debt is registered on the home itself and on the landlord, so if the previous owner had the debt the debt will be on the current property owner.
? The legal review lasts for several days, and the company is also concerned about the process of selling the property, transferring the money to the various parties to the transaction and listing the property in Tabu.
At the end of the process, the company transfers ownership of the property to the buyer and provides insurance so that in the future if an old debt is found on the house the company will bear the expenses.
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Does this mean that if I purchase a property through any company and Teitel in the picture, I have nothing to worry about?
Roni Kagno