Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 17 years ago, 01/03/2008

User Stats

49
Posts
1
Votes
Chris Jones
  • Hackensack, NJ
1
Votes |
49
Posts

How do I Properly Search for Liens

Chris Jones
  • Hackensack, NJ
Posted

HELLO everyone!

i am a beginning investor focusing mainly on pre-foreclosures, i currently understand the whole foreclosure process along with what the banks are looking for to accept a short sale.

so my question is WHEN and how do i do a title search (for liens and judgments) to figure out if i really have a deal or not?

now i know title companies or attorneys have the ability to preform this action for me, but i know all of you investors just don't go around throwing $200 or more just to see if the property you are looking at or working with is a deal even without your short sale getting accepted yet and etc

and i heard of getting a preliminary title search say from an real estate agent, but is this something pretty good to go off of to see if a deal is potentially there? i even tried actually going down to my court house/records office to research liens and judgments on properties and man u have to do alot of work just to find all this stuff just for one property so i know it has to be a better & faster way ((plus my county isn't on-line, so i actually has to go down there to research))

now my next question is, the way i plan on selling these properties once i get my short sale accepted will be in a double closing (so i don't have to bring any funds to the table), so i was wondering should i still get title insurance on the property even when i'm flipping it right to my end buyer when they'll most certaining will get title insurance on the property?

Loading replies...