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.
Tax, SDIRAs & Cost Segregation
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 over 13 years ago,

User Stats

274
Posts
165
Votes
Kimberly Jones
  • Real Estate Junkie
  • New Orleans, LA
165
Votes |
274
Posts

Criminal charges complete with fingerprints come up in title search

Kimberly Jones
  • Real Estate Junkie
  • New Orleans, LA
Posted

I have a very unique situation with a title report on a property in Florida. Now mind you, I am not a title expert but I have seen plenty of them in my 30 years in this business and this is a first for me. I wanted to share it with others just for gp and to also see if anyone knows what it really means.
Keep in mind this title report was done because the investor is buying the Note (NPN) not the property.
Page 1-31 are normal title docs, 32 starts with a lien from the State of Florida in relation to a criminal charge and the dollar amounts are very low, all together probably 1k. Page 35 gets scary, it lists the charges against the owner, in all he was convicted on 10 counts of things like RICO, Money Laundering, cocaine trafficking. Page 36 (of the title search mind you) is the defendant/homeowners fingerprints.
I have never seen and NEVER expected to see fingerprints show up in a title search!
I have run it past a few title agents, so far everyone is looking at it with a big question mark.
The biggest red flag is, how can there be such a small dollar amount with such major criminal charges? These charges are the kind that I understand can get property seized. What might there be attached to this property that we could be missing?
I am seriously looking for anyone else who has come up against this and/or anyone who might know what we need to look out for.