One of the benefits that attorneys and title companies bring to the closing process is the ability to do a municipality or lien search. A municipality search will reveal any open liens for unpaid obligations, including past due taxes and mortgages.
Before a piece of real estate changes hands, doing a lien search identifies if other parties have claims against the property. Those liens can then be taken care of — usually by having the seller pay them at or prior to closing. This allows the buyer to take title subject only to the liens that he is knowingly accepting. Lien searches typically go hand-in-hand with a full title search that covers past ownership and public record information. It’s important to do a lien search prior to closing, as these items will not be covered by your Title Insurance.
All Property Title & Escrow will prepare a comprehensive investigation to ensure any property is free and clear of liens prior to closing.