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Updated over 5 years ago on . Most recent reply

User Stats

57
Posts
3
Votes
Ru Monsell
  • Damariscotta, ME
3
Votes |
57
Posts

Getting Title Insurance on land purchased at tax deed auction

Ru Monsell
  • Damariscotta, ME
Posted

Last Sept. I bought a residential parcel at a tax deed auction in upstate NY near Albany. I hold full legal title, and wanted to sell quickly. I had an enthusiastic buyer all set, but it feel through because her lawyer's title co. said they wouldn't insure anything bought at auction until 2 years had elapsed. Any suggestions on how to find a title co. that will ensure the property so I can sell it without waiting until late next year?

Most Popular Reply

User Stats

179
Posts
156
Votes
Chad Carson
  • Investor
  • Clemson, SC
156
Votes |
179
Posts
Chad Carson
  • Investor
  • Clemson, SC
Replied

Bryan A. , my tax lien purchases that resulted in a tax deed have all been kept as rentals so we have not felt the need to do a quiet title action yet. I do have a local South Carolina real estate attorney who has experience doing them.

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