
As part of due diligence when purchasing a home a buyer will be provided a copy of the Preliminary Title Report (PTR). What is a PTR? A PTR is a report prepared by a title company prior to issuing title insurance. It shows who owns the property and any liens or encumbrances that a new policy will not cover. If there is any doubt make sure that any documents referred to in the PTR are available. An example would be a city sewer easement across your backyard. You might be able to … [Read more...]






