What Is Clear Title?
Also known as: Marketable Title
Clear title means ownership can transfer without unresolved liens, claims, or defects that would block or cloud the sale.
Clear title means ownership can transfer without unresolved liens, claims, or defects that would block or cloud the sale.
Clear Title explained
A wholesale deal is not real until title can close. A property may look profitable, but unpaid taxes, old mortgages, heirs, judgments, code liens, or ownership disputes can delay or kill the transaction. The title company researches those issues and tells the team what must be cleared. Experienced wholesalers build title follow-up into the process instead of waiting until the closing date to discover a problem.
Example
A title search finds an old lien. The team works with the seller and title company to resolve it before assigning the contract.
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