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Process to Clear to Title???

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Anonymous
Not applicable

Process to Clear to Title???

Hopefully (many prayers) I will be closing very soon.  I am just curious as I am a 1st time home buyer on the process to Clear Title To The Property.
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ShanetheMortgageMan
Super Contributor

Re: Process to Clear to Title???

The title company takes care of that.  To clear title you just need to pay off any liens on it, so when they sell their home and your mortgage company funds their new loan, it'll pay off the mortgage lien against the home, and all other sellers liens (tax, judgments, etc.) would need to be paid at closing before your lender would agree to allow the settlement agent to disburse funds.
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Message 2 of 4
Anonymous
Not applicable

Re: Process to Clear to Title???

Thanks for the reply Shane....how does it work if it is a new construction. 
Message 3 of 4
Junejer
Moderator Emeritus

Re: Process to Clear to Title???

Same way...land must be free of liens (developer liens, tax liens, etc.).






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