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All Forum Posts by: Tony F.

Tony F. has started 29 posts and replied 113 times.

Post: Title Company Declined Title Insurance-- Please help

Tony F.Posted
  • Investor
  • California, CA
  • Posts 117
  • Votes 26

thanks for the help everyone. Rick H. your advise is inline with my current game plan, thinking I will purpose to the current owner that we ask the title company to complete transaction with a exception for previous title transfer. They will have to seller finance with a small down. The contract will state sellers get paid in full once the title issue is cleared up. This puts the burden of fixing the title issue on them, I will be risking the down and payments. If anyone has advice or experience with similar title issues please let me know. 

Post: Title Company Declined Title Insurance-- Please help

Tony F.Posted
  • Investor
  • California, CA
  • Posts 117
  • Votes 26

Looking to buy a piece of raw land in California. It is a really nice parcel that I really want to find a way to make it happen. Title company has issue with the title transfer from the sellers relative who grant deeded that parcel to the seller, later the same day as the relative signing the deed over they passed away. Grant deed was notarized, recorded a few days later at the court house. This was 8 years ago. Called notary he didn't remember specifics, but says he would not have notarized if the relative wasn't cognitive of what they were doing. Title Company says they will only insure the sale if the current seller goes to all the heirs of the relative who gave it to him, and gets them to sign off rights to the property. Seller doesn't want to "wake a sleeping bear", and says he won't ask them to do this. I want to make this work, but also want to put money into the property in development and don't want to risk issues down the road. Please Help?

Post: investor from california

Tony F.Posted
  • Investor
  • California, CA
  • Posts 117
  • Votes 26

interested in all aspects of real estate