Just keep in mind that some lenders have a "due on sale" clause, which means they could call the loan due if the title changes.

I would also add that investors are often interested in Blanket loans because they mistakenly think it will save significant closing costs, but they do not as you will still need four title polices and appraisals etc. and you will get far worse financing terms on the loan and have a lot less flexibility down the road to refi and sell properties.  

Hi all, Baselane is hosting a CEO fireside chat titled 'The Inflation Equation: Impact on Real Estate and How to Navigate it'If you're attending BPCON24 in Cancun, join us on Monday 1:15pm EST.

I use tenantbackgroundsearch.com, although many of the vendors provide automated reports that are nearly identical. 

From the title insurance, the road says public rd, we also obtained fr title company of a grant deed fr 1963 that says “reserving easement” of this same road.

We're talking about title company reps, real estate transaction attorneys, SEC attorneys (yeah, the fancy ones), insurance agents, and lenders who make magic happen.

And the other reason and unless you get stung on this as a buyer.. unless you can get the title company to up your title insurance if you have a title problem the money you paid to the company that is assigning the deal is not covered . and you get a title settlement it will only be for the amount of the contract purchase price not the assignment fee so large fees are a HUGE risk to the buyer.

Rogelio,I would check with a local Title Company to ask generally what they have seen in the past.Check with an insurance agent, even specifically the borrower's insurance agent, as to required terms.Finally, armed with that info: work with an attorney to draw up ironclad docs.My 2 cents,Mike 

HiI can't find anything in Ohio code either way about the topic in the title.

Hello all, do you guys know of any investor friendly Title companies in Chicago?