When making a real estate purchase in Valdosta, it is important to understand the difference between title insurance and a title search. These two services are both related to a property’s title, but they are not the same.

A title search is a thorough examination of all public records related to a property. It looks at deeds, mortgages, liens, judgments and other documents to see if there are any discrepancies or issues with the property’s title. It also looks at the chain of title, which is the history of ownership of a property. A title search is typically conducted by a title company or an attorney and can take several days to complete.

Title insurance, on the other hand, is a form of insurance that insures the title of a property against issues that may arise. This can include liens, judgments or other encumbrances that may have been missed in the title search. Title insurance is typically purchased by the buyer of the property and is good for the life of the policy.

Although title insurance and a title search are both important services related to a real estate purchase, they are not the same. A title search is used to uncover any issues related to the title of a property, while title insurance is used to insure against any issues that may arise in the future. It is important for buyers in Valdosta to understand the difference between these two services in order to make an informed decision when purchasing a property.Title Insurance vs. Title Search: Clarifying the Difference for Valdosta Buyers