When you opt for mortgage financing to help yourself in buying a house, you have to go through a stringent process to avail the loan. One of the stages in the loan process is called "title search". In this stage, the property involved is inspected thoroughly. Any lawsuits, legal claims, liens or financial obligations related to the property, which may affect the sale of the property, are checked and verified.
Understanding vendor's mortgage process is important before outsourcing. Take a look at our loan process.