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Why would buyers and sellers name be on a title to a house that was bought?
Lesaporch
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What are duties of a title company?
A title company helps sellers transfer titles and they help buyers take possession of titles. They are responsible for making sure the sale proceeds in a legal way and do a lot of the paperwork.
If you buy your mom's house but she will still live there does she have to remain on title?
If you buy something, then, it belongs to you, regardless of who you bought it from. Answer - She will no longer be on the title or mortgage.
What is an real estate agent?
They arrange for title searches to verify ownership and for meetings between buyers and sellers.They also assist sellers in marketing their property and selling it for the highest possible price under the best terms.
If you buy a house why would the sellers name still be on the title?
It would mean you didn't actually buy the house. The purchase of a house usually goes with the land beneath it (other than a condo), and this would be described in the deed (the title) that you received at "closing" when you paid for the house. Therefore, if you have the deed naming you as the grantor, then the seller's name is no longer on the title. If you didn't get a deed, then you don't own the house.
How do you get rid of a vehicle without a title?
You can sell a car without a title. Most people will sell them as parts cars. If the car ever had a title in your name then you can go to the court house and get a lost title for it. If you never had the car in your name you will have to tell and buyers that it does not have a title. It will sell for less than if it had a title but you can still sell it.
What are the documents involved in a Title insurance company?
The title insurane company searches the title to your property and clears title. They prepare the title commitment, order payoffs, type your settlement statement and fund your loan. They also prepare your deed to be signed at close and record it. Both buyers and sellers must sign their Settlement Statement at the closing. Sellers must sign documents conveying title. Additional documents needed from you can differ depending on you situation. Certain documents become necessary based on marital status, poa, mortgage satisfactions, bank papers from various lenders, judgments and municipal liens.
Can a lien be placed on your house for work done prior to you buying it?
Yes. However, the title company should have caught the issue and have had the sellers pay for it. You definitely should fight this one.
What will you choose a crown or the title?
If you ask me I'll better choose a title because a crown can be bought after having a title but a title can't be bought if you choose a crown.
What spot do you notarize on a car title?
you just notarize the sellers signature!
When notarizing a car title do all parties have to be present or just the seller?
In most states only the seller is required; however the buyers information (name & address) must be completed. Only the sellers signature requires notarization. Check with your states DMV to make sure.
Can a car be repoed if the title was never changed into the buyers name?
Of course it can. Especially if you just bought it brand new. The title isn't going to be in your name, rather it will be under the lien holders name who loaned you the money. If it is used same. A car can only be repossessed if it isn't paid off.
Does the co-buyer name appear on car title?
Yes the co-buyers name does appear on the title, but not on the vehicle registration.
