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All Forum Posts by: Jason Chang

Jason Chang has started 1 posts and replied 1 times.

Foreclosures

Post: How to Check Title on Foreclosures?

Jason ChangPosted
  • Real Estate Investor
  • CA
  • Posts 1
  • Votes 0

I live in San Diego, CA and I would like to look into foreclosure investing. I'm looking at one property that has a 1st loan of $500K, and 2nd loan of $100K both from Country Wide. There is a third private party lender loan of $150K.

How do I protect myself from liens and creditors. For example, this third party lender may come after me after the sale. Can you protect yourself with Title insurance? How does everybody go about getting title insurance or checking title of a foreclosed property?

Thanks

0 Votes