No title insurance for wholesale deal

[Russell Pitts]

I'm looking at a deal where the wholesaler is saying he cannot guarantee a clean title. Apparently he purchased at a tax sale. How would one proceed with a deal like this with the risk that the title is not clean? I always thought verifying clean title was part of the closing.

[Wayne Brooks]

You have to understand what title from a tax sale means......it can mean tons of different things in different situations...redemption period, proper sale, proper notifications, etc.?

In general, it’s probably garbage if they are offering what Seems like a good deal.  You can find all kinds of garbage tax title properties on EBay,  the seller’s trolling ground for suckers.