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You buy a new home with a large backyard big enough to put in a pool. However on the first day of digging your contractor hits an underground power line and your dreams of lazy summer days lying on a raft are over. How can this be and what could you have done during the escrow process to prevent such a big mistake? Stick around and I will share with you what a preliminary title report is and what you should look for when reading it to understand all you can about the home you are buying. Hi Im Christine DiCarlo, broker owner of Remeo Realty and once your contract is accepted you are going to be so happy. But this is when the real work starts. Youll receive a lot of information to go through to make sure you want to buy this home. One document youll receive is called a preliminary title report or a prelim. This document will let you know if there is any limits to what you can do with your property. A prelim shows the boundaries of the property, who c
