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Updated about 1 year ago on . Most recent reply

User Stats

193
Posts
117
Votes
Carol Venolia
  • Flipper/Rehabber
  • Monterey, CA
117
Votes |
193
Posts

Getting title insurance after tax-deed sale purchase in CA

Carol Venolia
  • Flipper/Rehabber
  • Monterey, CA
Posted

Howdy,

I bought a couple of lots at a county tax-deed auction a little over 1.25 years ago. At that time, the word on the street was that one could get title insurance either by waiting a year after purchase, or by paying big bucks to Tax Title Services.

I'm considering selling one of these lots, and now I'm hearing from title companies that I have to wait 2-5 years to get title insurance.

Does anyone have experience with this, and have you found any other way to get title insurance sooner?

Thank you!

Most Popular Reply

User Stats

18
Posts
15
Votes
Josue Rosa
  • Realtor
  • Los Angeles
15
Votes |
18
Posts
Josue Rosa
  • Realtor
  • Los Angeles
Replied

Hi Carol! Only specific title companies will handle this - I can refer you if that would help. There can be a few more steps specific to properties bought at tax deed auctions here in California. I've sold a few this year and have a few coming up - not rocket science but definitely a few more hoops and only a few title and escrow companies will work on them. Hope this helps!

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