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Updated about 5 years ago, 11/05/2019

User Stats

61
Posts
7
Votes
Nicolas Lopez
  • Flipper/Rehabber
  • Orlando, FL
7
Votes |
61
Posts

What if the seller owes

Nicolas Lopez
  • Flipper/Rehabber
  • Orlando, FL
Posted

How do i find out if the seller owes and has a lein ?

User Stats

6,023
Posts
9,404
Votes
Dennis M.#5 General Landlording & Rental Properties Contributor
  • Rental Property Investor
  • Erie, pa
9,404
Votes |
6,023
Posts
Dennis M.#5 General Landlording & Rental Properties Contributor
  • Rental Property Investor
  • Erie, pa
Replied

@Nicolas Lopez

You do a title search

User Stats

1,472
Posts
1,411
Votes
Todd Rasmussen
  • Rental Property Investor
  • Clarksville, TN
1,411
Votes |
1,472
Posts
Todd Rasmussen
  • Rental Property Investor
  • Clarksville, TN
Replied

@Nicolas Lopez

A title company will normally do a title search for a couple hundred bucks or for free if you close enough transactions with them. You can also look up the title information yourself in some areas but it typically has minimal costs for a subscription of some kind. If we are ever moving forward with a transaction we have our title company do one.

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User Stats

61
Posts
7
Votes
Nicolas Lopez
  • Flipper/Rehabber
  • Orlando, FL
7
Votes |
61
Posts
Nicolas Lopez
  • Flipper/Rehabber
  • Orlando, FL
Replied

@Todd Rasmussen great thanks for responding

User Stats

1,472
Posts
1,411
Votes
Todd Rasmussen
  • Rental Property Investor
  • Clarksville, TN
1,411
Votes |
1,472
Posts
Todd Rasmussen
  • Rental Property Investor
  • Clarksville, TN
Replied

@Nicolas Lopez

Anytime, are you considering doing a quitclaim? Why did this concern come up?

User Stats

71
Posts
22
Votes
Lisa Miller
Pro Member
  • Real Estate Agent
  • Augusta, GA
22
Votes |
71
Posts
Lisa Miller
Pro Member
  • Real Estate Agent
  • Augusta, GA
Replied

@Nicolas Lopez , sometimes you can look on auction.com(if it is on there) and they will have the title on the site or you can search the public notice website for your state and it will tell you also.  What I do sometimes is pull up county records, see when they bought it and kinda guess depending on years. But if they took out a second mortgage, that doesnt work. 

  • Lisa Miller
  • User Stats

    1,314
    Posts
    666
    Votes
    Bob Prisco
    • Specialist
    • Cleveland, OH
    666
    Votes |
    1,314
    Posts
    Bob Prisco
    • Specialist
    • Cleveland, OH
    Replied

    @Nicolas Lopez Who cares it comes out of sellers end, 

    User Stats

    252
    Posts
    135
    Votes
    Alex G.
    • Eastern Mass & Central Maine
    135
    Votes |
    252
    Posts
    Alex G.
    • Eastern Mass & Central Maine
    Replied

    https://www.protitleusa.com/services/products/oe_report