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Updated over 4 years ago on . Most recent reply

Amanda G.'s profile image
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Amanda G.
  • Rental Property Investor
  • from Augusta, GA
  • Member since Oct 6, 2017
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Amanda G.'s profile image
Amanda G.'s profile image
Amanda G.
  • Rental Property Investor
  • from Augusta, GA
  • Member since Oct 6, 2017
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Amanda G.
  • Rental Property Investor
  • Augusta, GA
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825
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Buying & Selling Real Estate

Title risks on Auction.com?

Amanda G.
  • Rental Property Investor
  • Augusta, GA
Posted

I'm very tempted by a bank owned property being sold through auction.com. What risks am I taking on the title issue buying this way? Would you pay for a title search? Why or why not?

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Todd Rasmussen's profile image
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Todd Rasmussen
  • Rental Property Investor
  • from Clarksville, TN
  • Member since Nov 12, 2016
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Todd Rasmussen
  • Rental Property Investor
  • from Clarksville, TN
  • Member since Nov 12, 2016
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Todd Rasmussen
  • Rental Property Investor
  • Clarksville, TN
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Todd Rasmussen
  • Rental Property Investor
  • Clarksville, TN
Replied
Originally posted by @Robert Collins:

@Todd Rasmussen

Would someone do the title search before bidding or after you have won the bid ?

Before, you would want to know if a property was coming with liens against it. 

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