As a past Real Estate Broker, Attorney who represented real estate clients, and one who bought and sold several farms, I can speak from experience when I say BUYER BEWARE. Here are a few of the available tools to determine the quality of title.
1) You can pay for and obtain an "Attorneys Opinion" as to quality if title
2) You can pay for and obtain an Abstracters Title Search by a professional who searches all the records at the courthouse and recorders office and does a Lien Search and UCC Filing lien search
3) You can buy an Owners Title Insurance Policy
CAUTION many realtors and many lay persons and many inexperienced non professionals DO NOT REALIZE OR UNDERSTAND the significance and importance of BOTH the Schedule A and Schedule B EXEMPTIONS listed on the Title Insurance Policy SO READ AND BEWARE
With such a huge investment and huge risk you just might want to consider the use of a local competent trained professional versus lay persons advice alone, its your money and your risk however, do as you please.
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Today's Featured Article - Show Coverage: Argyle and Mt. Pleasant Labor Day Weekend Shows - by Cindy Ladage. The last fling before summer fades into fall and we get busy in the fields are the annual Labor Day tractor shows. Beginning on September 5th and running through the 7th, the Argyle Antique Gas and Engine Show is held at the Argyle State Park. Located in West Central Illinois, the pine forest was the setting for the opening of the 22nd show. This year we decided to try to sell a few tractor parts, literature and wrenches to offset my husband's buying sprees. Saturday
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