Deed vs Title: What You Need to Know

Today, we're diving into the wonderful world of deeds and titles.

Deeds and titles are like dynamic duos in the real estate realm. They're like PB&J or macaroni and cheese. Ok-Let's break it down!"

Let's start with the Deed. Think of it as the VIP pass to your property! It's a legal document that proves you are the proud owner of a piece of real estate!

So, The Deed shows you're the owner, but it doesn't let you know if there are any pesky liens or claims lurking around! Welcome the star of the show - the Title! This MVP gives you the full scoop on your property's history and if there are any surprise guests from the past who might crash your homeownership party!

In short, Deeds transfer ownership directly from one party to another, while titles confirm and guarantee your legal rights

One Side note: A lender might hold the title temporarily in its name until you pay off your mortgage.

And that, my friends, is the tale of the Deed and the Title!

This is Jenifer Ross from eXp Realty in Westchester New York, helping you better understand the housing market!
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I'm Jenifer Ross, a Realtor with eXp Realty here in Westchester, New York. I am also an Aging-in-Place Specialist and Senior Real Estate Specialist who loves working with people looking to Downsize their Homes and Upsize their Life!

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Jenifer Ross
Real Estate Salesperson
eXp Realty
914-261-1470

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