You can research your own property to make sure your title has been accurately recorded, and that all satisfied old loans have been cancelled, and also to make sure that you have no liens against you or your property that should not be there. Also, if you are thinking about selling your property, you can have a title search run up front, and know if there are any issues that may affect the sale of your property. You can use the title search when the sale of your property occurs, and reduce the cost of the closing.
You can also research a property you are thinking about purchasing. You will know up front what the current owner paid for the property, what loans are on the property and if there are any liens or unpaid taxes. Having a title search up front can give buyers leverage in the negotiating process. Additionally, if the property is purchased, you can use your title search for the closing of your purchase. You can use the title search if you purchase the property, and reduce the cost of the closing.