There is nothing that can halt a sale faster than title issues. The worrying thing is, they’re more common than you might think! Keep on reading to learn more about the common title issues in Cincinnati and what you can do to resolve them.
5 Most Common Title Issues in Cincinnati
1. Errors in public records
Making mistakes is human nature. After all, none of us are perfect. Things like typos, misspelled names and places, and inaccurate property details can affect the title of your property.
2. Unknown liens
Liens are any unpaid services the owner of the home owes a contractor or financial companies. The problem with liens is that they’re connected to the property, not necessarily the owner. So, if the previous owner of your home has a lien against them and failed to resolve it, it gets passed onto you. This type of title issue will only be resolved once the debt has been paid off in full.
3. Illegal deeds
This type of title issue is one of the trickier ones to spot and resolve. There are many reasons why a deed can turn out to be illegal: it could have been signed by an illegal immigrant, a minor, someone who is considered to be of unsound mind, or is labeled as married but is actually single. Based on the instances above, it can be difficult to spot at first glance whether or not the document was signed legally. The only way you can discover these is if the parties involve come clean about it.
4. Unknown heirs
When a person passes, the ownership of the house is passed on to their next of kin or to whoever is named in the will. This process is usually smooth and straightforward but sometimes, their may be heirs who are yet to be known about during the time of death. Or family members can contest the will so that they can assume ownership of the property themselves. These scenarios can happen even long after you have purchased the property.
5. Forgeries
Titles can also be faked or forged, making them illegal. If a title is found to have been fabricated, your right to it can be contested, whether or not you knew about the forgery.
Can I Sell My House with Title Problems in Columbus, Ohio?
If you choose to sell your home the traditional way, i.e., through a real estate agent, it can be next to impossible to sell your property without first resolving the issues. Depending on the type of title issue, it can take anywhere from a few days to months to resolve it.
If you want to sell your home fast in Cincinnati, OH or don’t have the time, legal assistance, or even just the patience to resolve your property’s title issues, you can sell your home to a professional cash home buyer instead.
Sell to a Professional Home Buyer
If you’re in a hurry to avoid foreclosure proceedings, selling to a cash home buyer in Cincinnati, Ohio like Offer Express might be the perfect solution for you.
Cash home buyers offer to buy your home for cash upfront. The process of selling your home to them is simple—just give them information about your house, they’ll make an offer, and after some negotiations, they can close at your chosen schedule.
Selling your home to these kinds of buyers usually takes days or weeks since they do not have to go through lenders. Plus, they’ll buy the property as is, so you don’t have to repair or remodel the place to convince them to make an offer.
Ready to Sell Your Home?
When you want to sell your house without dealing with its title issues, Offer Express is the answer. We buy houses in Cincinnati, OH even if it has title issues. As a trusted cash home buyer in Columbus, Ohio, we work with homeowners of all kinds. We can even pay cash for your house right away, so you don’t have to worry.
Our team is here to help you every step of the way, from your first consultation to your moving day. We identify your needs and customize our services accordingly. Whatever your situation may be, you can depend on us for quality service. We buy houses in Ohio as-is and make no-obligation cash offers.
If you’re ready to sell your home fast, contact (614) 820-5777 to receive a cash offer. We look forward to speaking with you and helping you sell your home.