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Updated almost 8 years ago on . Most recent reply

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James Masotti
  • Rental Property Investor
  • Washington Township, NJ
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Time and expense to run title

James Masotti
  • Rental Property Investor
  • Washington Township, NJ
Posted

In Delaware we use attorney's for title check. I'm considering a purchase of a property at Sheriff Sale, where you are not guaranteed clear title. My attorney quoted me $125 to do the title search and that he would need about a week to get it completed. Curious what other folks who use attorneys are paying and how long would it take to run title on the property? If I need to do 5 of these a month then it's certainly cheaper than buying something wrong, but at the same time an expense for sure (more so on the side of time, since an auction can be stayed up to the day and time of the actual auction)

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

in those state you simply have to learn to do this yourself...

if your going to buy auction properties IE foreclosures if your state is like ours you have to chase 100 to buy 1.

I feel bad for you folks we get date downs on the phone in 90 seconds for free.. enough to bid on them. to have to rely on an attorney and a week seems so bass akwards as to be not even workable.

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JLH Capital Partners

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