Site Navigation

Investor Information
 Home
 Monthly Update
 Real Estate Articles
 Real Estate Videos
 Real Estate Success Stories
 Real Estate Blog
 Free Investing Books, Audios
 Real Estate Books
 Investing Glossary
 Investing Abbreviations

Real Estate Products
 No Risk Guarantee
 Best Sellers
 All Investing Products
 Real Estate Courses
 Real Estate Audios
 Real Estate Ebooks
 Real Estate Books
 Real Estate Seminars
 Real Estate Games
 Special Offers

Investor Resources
 Hard Money Lenders
 Real Estate Agents
 Handyman Services
 Real Estate Clubs
 Cashflow 101 Clubs
 Business Tools
 Tax Appraisal Districts
 State Property Codes
 State Foreclosure Laws
 Proof of Funds Letter

Discussion Forums
 Networking Forum
 Beginners, Carlton Sheets
 Bird Dogs, Wholesaling
 Foreclosures, Short Sales
 Sub2, Lease Options
 Rehabbing, Landlording
 Financing, Hard Money
 Asset Protection, Legal
 Commercial, Mobile Homes
 Real Estate Marketing
 Random Ramblings

Site Information
 About Us
 Advertise on REIClub
 Contact REIClub
 Link to REIClub
 REIClub Facebook
 REIClub Twitter
 REIClub YouTube
 REIClub Testimonials



Learn Wholesaling
CD's Plus Transcripts
Click Here Now!

--------------------------
REO Experts
Reveal Their Secrets
Click Here Now!


Welcome, Guest. Please login or register.
Did you miss your activation email?
May 25, 2012, 12:41:16 PM

Home Help Search Calendar Login Register
Free Monthly Update
Name:
Email:
Click Here to Register for the Discussion Forums
Real Estate Investing Forums  |  Real Estate Investing  |  Carlton Sheets, Beginners, Courses, Gurus, General Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: Title search « previous next »
Pages: [1]
Print
Author Topic: Title search  (Read 382 times)
abinvestments
Member
**
Offline Offline

Posts: 88


« on: April 24, 2008, 01:32:13 PM »

Found a rehab property in which the owner is willing to owner finance.  Do I need to do a title search at this point before making an offer/closing the deal? 
Besides the obvious (run numbers, inspect property, etc.) what else do I need to do to ensure a smooth transaction and/or protect myself?
Report to moderator   Logged

AB
ALB Investment Group
847.612.7668
abinvests@yahoo.com
tatertot
Member
*****
Offline Offline

Posts: 1457


« Reply #1 on: April 24, 2008, 06:40:11 PM »

You don't have to do a title search before you make the offer. You make the offer continoent upon the seller providing clear title. Title search is done after offer, before closing.

Earnest money should go into escrow not directly to the seller.

You would want to check with the county assessor to at least verify that the seller owns the property before you get too far. But that is not a title search.

I want title insurance when I buy, so the escrow company does the title search for me and issues the insurance.
Report to moderator   Logged
abinvestments
Member
**
Offline Offline

Posts: 88


« Reply #2 on: April 25, 2008, 07:13:51 AM »

Appreciate it. 
Anyone else with suggestions?
Report to moderator   Logged

AB
ALB Investment Group
847.612.7668
abinvests@yahoo.com
Pages: [1]
Print 
Real Estate Investing Forums  |  Real Estate Investing  |  Carlton Sheets, Beginners, Courses, Gurus, General Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: Title search « previous next »
Jump to:  



Login with username, password and session length

Powered by SMF 1.1.8 | SMF © 2006-2012, Simple Machines LLC

 
Anti-Spam Policy | Compensation Disclosure | DMCA Notice | Earnings Disclaimer | External Links Policy | Privacy Policy | Terms And Conditions | View Cart
©2002-2012 All Rights Reserved. REIClub.com