All Forum Posts by: Conrad Meier

@Kevin Sobilo and @Chris Seveney thank you both so much for your input. I have written down your advice and will be speaking with a lawyer this afternoon. I really appreciate your help and wish you both the best in real estate investing. This is a lot to learn in the fire, but sometimes the best education comes through blood, sweat, and tears! Have a great day!

@Kevin Sobilo This was our first investment property and this is driving me crazy at the moment. What I can't seem to find is what the actual step is. Would I contact the previous closing attorney and tell them I need a quit claim deed from the people I technically bought from? If I were to do a quiet title action what do those actual steps look like? I don't think the buyer will want to use the prior title company, because of the issues we are currently having with their closing attorneys. I would hope there would be a special warranty deed in my state as I do not want to be held legally responsible for past mistakes lol. If this were you would you find a different real estate attorney to help with the quiet title action due to the issues the previous closing attorney has caused? Is there any way I can get them to do the actual work instead of this sucking the life out of me, since I paid them for closing and the title insurance? Thanks for your help btw! 

We bought a property the end of last year that needed more work than we realized, so we started gathering estimates for rehabbing the property. Anyways, we had someone make an offer on our property that would get us out of the deal and breaking even. We started the process to sell it and this is what the buyer’s attorney has brought to our attention. I summarized and consolidated multiple emails into the below segment.

“We have reviewed the title and found that there was a tax deed issued in 2023. The property has since been sold twice and no quiet title action or a quit claim deed from the defaulting tax payer have been recorded. In order to issue a clean title, General Warranty Deed, and an owner's title policy to our new buyer we will need one of those two things. That is the only way to clear the title. The affidavit recorded with the deed does not dismiss the title issue or clear it. Our title insurance agency will not be able to insure this without either a deed from the defaulting tax payer or a quiet title action by the seller.”

When we purchased the house we were given title insurance and a general warranty deed and when I provided my paper work to the buyers real estate attorney they sent the above messages to us and our previous closing attorney. What is the actual problem? Do I own this house? What do I actually need to do in order to fix this? Do I contact a title search company or a real estate attorney to begin solving this “issue”?