Mission Hills, CA · Member since 2016 · 2 posts · 0 votes
Hi.I want to attend some property’s tax auctions ,but I’m scared of liens that they may not wash in the auction sale. The research it’s time and cost consuming,and a lot of property’s can be redeem , right before the auction.If you pay for a title search on so many properties ,that cost can go up really fast.I’m trying to find a different way other then a title search or county records (like an online website )more cost effective and time efficient to do those investigations.Any suggestions are much appreciated
It's simple, but not easy. Not as easy as many make it out to be. You are right, it takes time and money to research. Maybe you can narrow down by location or price range, or some other delimiting factor. I have not found an easy or fast way to do the real due diligence required.
I narrowed the location and the price,but the question remains the same: If you pay for a title search on so many properties ,that cost can go up really fast.I’m trying to find a different way other then a title search or county records (like an online website )more cost effective and time efficient to do those investigations.Any suggestions are much appreciated
Hi Danny. When I used to buy homes at the foreclosure auction we would employee a retired title officer that would perform the research. I am not sure which databases they were accessing but using someone in the industry and paying them to run a lien search for your list of properties may be the most economical and risk mitigating option.