We believe buying tax sale properties and homes in foreclosure is really he best way
to invest in real estate.
However, there are risks with the physical condition of the property as well as possible
liens that might survive the tax deed or foreclosure sale process.
These risks are high when buying a property at a tax sale auction.
Most of the properties available on The Deed XChange™, will come from some type of a distress sale.
In some instances the properties being sold are from investors who were the successful bidder at an auction.
Others are being sold directly by counties for only the back taxes.
Some of these properties were purchased without an inspection or a clear title.
However, by doing some basic research, the risks of buy these types of properties can be
minimized and you can take advantage of some tremendous bargains!
Our goal is to provide you with resources you need to buy these types of properties with confidence,
so you can know as much as possible about the subject property before you buy.
One of the most important things you can do is to get a title search report run a professional title company.
So how does a title search help?
Depending on the reason for the auction sale, there are various types of liens that may survive foreclosure and become the responsibility of you the new owner.
Knowing about these liens before you buy will allow you to make an informed decision
regarding what you are willing to pay for the property, or to pass and avoid a costly mistake!
Information about liens and judgments are public information in the County records, however, not every title report uncovers them all.
You can search for these documents yourself, but we have the resources for either the buyer or
the sellers to obtain a professional abstracted title search report in minutes, including the local violations and liens.
Click Here to view a sample title report.
All ProTitle USA’s title reports are designed to be easy to understand and the title abstractors are happy to answer
any questions you might have once you have received your completed report. We recommend contacting them first prior to purchase, so they can let you know which report is best for your situation..
To learn more or to order a title search Click Here.
Whenever you are buying or selling distress properties you should ALWAYS get a current title report.
As always, here’s to your success!
Creator of The Deed XChange™