If you’re looking to sell a house fast in Pittsburgh, you need to ensure that there are no problems with the title. Homes with title issues generally take longer to sell, as most buyers want nothing to do with such properties. Even if you think your home’s title is clean, hidden title issues could be revealed when it’s time to sell.
The best way to avoid any last-minute title problems is to be prepared in advance. If you fix the problems in advance, you won’t have to worry about delays later on. In this article, we discuss some of the common title issues that home sellers in Pittsburgh face, and we also discuss solutions for these issues.
Common Title Issues That Home Sellers Face In Pittsburgh
Here are a few common title problems:
If your home is currently being used as collateral for debt, it’ll have a lien placed on it. A lien gives the creditor the right to sell your property in the event you fail to repay the debt on time. While mortgage liens are most common, there are other kinds of liens, including liens for unpaid utility bills and liens for unpaid child support. If there are any liens on the property, you’ll need to pay these before they can be removed from the title.
If a home’s previous owner passed away before selling their house, there’s a chance numerous individuals will claim to be the rightful heir. This is even more likely if there’s no will. If there’s a dispute regarding ownership, this will be on the title until it’s resolved.
Public Record Errors
A filing or clerical error, though minor, could lead to a possible title issue that takes time to resolve. So if you’re often thinking“I need to sell my house fast in Pittsburgh,” it’s best to get title issues squared away early on in the home selling process to avoid last-minute surprises. Finding out what problems exist early on also provides you with plenty of time to address them.
Before selling a house in Pittsburgh, you’ve got to ensure that the property’s boundaries are clearly defined. If there is a boundary dispute between you and your neighbor, you’ve got to request a land survey to determine the boundary lines clearly.
How To Fix Title Issues
Most home sellers resolve all title issues before making a sale. Even though some minor issues can be fixed after closing, most title issues—document errors, identity problems, missing heirs, etc.—must be resolved before selling your home.
Start by gathering necessary documentation so you can prove you own the home. Fortunately, you can simplify the process by getting help from a title company. A title company can help you quickly fix any title issues, accelerating the selling process.
Make sure you do research ahead of time so you give your business to a trustworthy title company. You can even hire a real estate attorney to negotiate on your behalf if that’ll clear up the title issues quicker.
That said, both of these options can be expensive and time-consuming.
Consider A Quick Cash Sale As An Alternative
We’ve covered the common title issues above, but there are plenty of other title issues not mentioned here. Fixing title issues is not only time-consuming—it’s exhausting and expensive too. If you do not have the time or budget to resolve title issues, you should get help from 412 Houses.
As a leading cash home buyer in Pittsburgh, we buy houses in any condition, even if there are major title issues. Connect with our team to get a free cash offer. We promise a home-selling process that’s free of hassles!