Subject 2 and Title Search Question...

[GenerateCashflow]

It seems most buyers are getting the deed themselves, taking it to the courthouse and recording it.  Are most investors skipping title search and title insurance or using a title company?

It seems most title companies won't close sub 2 deals, at least not with out the lenders approval.

What are most people doing for Title Search and Title Insurance?

[mr_orange]

We run all of ours through a local title company.  They are out there, you just have to ask around and you can find them. 

We don't get title insurance b/c of our exit strategy, but it wouldn't be a bad idea if you plan to hold the property. 

[fadi]

Most title companies won't. Some will. You need to network with other investors in your area and see who they are using or call around.

I found my title company through a seller in foreclosure. The previous investor backed out and did not show up to the closing. I got the copy of that contract and contacted the title company. Now they run my title search and title insurance. What i love about them is that I email them the address and they start the title search before I even fax them any paperwork.

[GOD WNZ]

I use Western Title on the West coast, always get Title Insurance and let them do their job , I have them research the loans and get pay offs to bring them current . They do all the research for me and set up an account at a servicing co  to make the loan payments for the sellers benefit . Always get your own home owners insurance or send a letter to their Insurance co to be added as a loss payee.
 All of the above will  help keep you out of trouble if and when it rears up. Hope this helps, Darin