Abstracts of title are also called title abstracts. They are written records that detail a property's complete legal history, starting from its first record of ownership and stretching into the present day. The abstract of title will detail every previous owner and title transfer; it will also reveal any liens or other legal actions that may have been taken against the property.
A lien is any legal claim that has been made against a property can be used as collateral. If a property owner fails to pay their taxes, for example, the local government can attach a tax lien to the property. This allows the authorities to foreclose on the property to recoup any money lost due to unpaid property taxes. Before you purchase a piece of property in the Pecos or Fort Stockton area, it's important to know whether any such liens exist on the property; otherwise, you could find yourself paying the previous owner's debts or entangled in other confusing legal situations.
EWA Title Inc. prepares abstracts of title for property owners throughout the region. We will include all relevant information and verify that it is true and complete. This allows you to purchase your property without worrying.
Trusted title companies, like us, are the best choice for researching these types of records. The average person can easily overlook important details without even realizing it. We have years of experience looking through title paperwork, so we know exactly what we’re looking for. We will review our findings with you, and make sure you understand all the information we’ve found.
Skipping this step in the property purchasing process could cost you later.
Contact us today for more information. We serve Fort Stockton, and Pecos County, Texas.