How are property titles and deeds searched prior to transfer of real property?

How are property titles and deeds managed on Sold Next Day?

Introduction: Managing property titles and deeds is a vital aspect of real estate transactions, ensuring proper ownership transfer and legal documentation. Sold Next Day facilitates the management of property titles and deeds through a streamlined process. Here's how it works:

1. Title Verification:

• Sellers provide documentation verifying their ownership and title status, which is reviewed by our team for accuracy and authenticity before listing the property.

2. Title Insurance:

• While not mandatory, Sold Next Day recommends that buyers obtain title insurance to protect their interests in the property against unforeseen issues or defects in the title.

3. Deed Transfer:

• Upon agreement, the seller and buyer proceed with the transfer of the property deed.

• Sold Next Day's platform facilitates this process, providing tools and resources to guide users through the necessary steps.

4. Title and Escrow Services:

• Sold Next Day does not directly offer escrow services. Instead, we partner with reputable title companies within our network.

• At the listing intake, sellers choose a title company from our network to handle the title and escrow services.

• The chosen title company manages the escrow process, holding funds and documents until all transaction conditions are met.

5. Legal Compliance:

• Sold Next Day operates in compliance with applicable laws and regulations governing real estate transactions.

• We ensure that all aspects of title and deed management adhere to legal requirements, protecting the interests of buyers and sellers.

6. Document Storage and Access:

• Sold Next Day provides a secure digital repository for storing important documents related to property titles and deeds.

• Users can access and review these documents through their Sold Next Day account for transparency and peace of mind.

7. Expert Assistance:

• If users have questions or concerns about property titles and deeds, our customer support team and licensed real estate experts are available to provide guidance and assistance.

Conclusion: Sold Next Day streamlines the management of property titles and deeds to facilitate smooth real estate transactions. From title verification to deed transfer and access to expert assistance, our platform offers comprehensive support for buyers and sellers. While we do not provide escrow services directly, we partner with trusted title companies within our network to ensure a reliable and efficient process. If you have inquiries about property titles and deeds, our knowledgeable team is here to assist you every step of the way.