this issue as you can see has to do with a garage in the back of the property but the property clearly fronts a public right of way and that is all title insurance is going to cover.out our way you would get a preliminary title report and your map in said report you get that a few days after you open escrow its incumbent on you the buyer and your real estate agent to read the report and look at the map and then if there is a question you address it during your due diligence period.this one would easily have been caught if someone had just looked at the map when they bought it.. you would have a big red arrow pointing to your lot.. you would see your lot lines you would see the driveway behind you was not your property you would also see its not public right of way but a piece of private ground.. then as a broker or the buyer you would question that.. and if needed then order a survey or talk to the land owner.I have a big landlock case going right now were Chicago title missed that my property was land locked.. its a 500 to 750k property.. that if I can't get access to the public right away they are going to have to stroke me a check.if it is landlocked then in the preliminary title report you get and out here they make you approve.. there would be an exception that your parcel does not appear to have access to a public right a way and that then starts another process.even though my property is 3 lots that had 3 homes on them and had been using the same driveway to access the state highway since 1945. but the state of Oregon owns a strip of land between my property and the highway that is slated for a pedestrian trail.. even though this property is in the boonies 25 miles out of town.. the trail goes for about 40 miles.the state is not obligated to give us any kind of prescriptive right and they declined.. so the only way to get on the property is through a neighbor and of course once the neighbor knows they have you by the you know what.. they want a bunch of money.. so its up to the title company to figure it out .. buy my easement or pay me off.If there was an exception in the title policy I would be sitting there like this lady...

Also, when you get the rent roll/trailing 12 and operating/profit and loss statement, your learn a lot more.

Do a Google search on Cerner Trails project and you will find a lot of information.

It has direct access to hiking trails, is located next to a golf resort, and is in a secluded area of town.

And to make matters even worse, mortgage company (A) is no longer in business, AND mortgage company (B) sold the loan and also is no longer in business, AND if that's not enough, the closing attorney that did the refi close has also passed and due to the  fact that this was all 15 years ago there is no paper trail and no mortgage company still in business to remove the lien. 

Check is a good paper trail also.  

I sent a request for the rent rolls and the trailing financials. 

I prefer a paper trail and insist on money orders.

Every state has real estate commission examiners, it won't be hard to find offers that were not accepted on transactions that would be higher than the ones accepted.Offers not accepted can lay dormant for years as they are required to be on file, without discovery, but when you have an issue come up, the audit trail can include searching by dates, names, addresses, by broker or agent.Jose, don't tip your hand, the more you keep that Realtor in the dark as to why the deal is not going to happen, the better, they may get insanely ticked off giving them more rope to hang themselves.I'd have a ball with this.....

There was a fire in the building in February, therefore those units that just got renovated haven't really got much exposure yet. (5) units are completely brand new after the smoke damage repair.I am unable to get trailing data as it's now in receivership but I think I can make it work for the right price.. tell me what you guys think!