Hello BP community, I am in contract for a condo purchase in Chicago and have a couple of questions regarding that1. Any lenders title insurance which will cost me less than $15002. I also see a Title Settlement fee o...
I'm looking at becoming involved with private lending. I know when someone receives a traditional loan from a financial institution they typically are required to purchase title insurance to protect the lender. Do p...
With the BRRR strategy do you recommend involving the title company on the initial purchase? Upon refi, the lender will require title insurance so you'd end up paying twice. However, if there's a title issue you'd wan...
I purchased a home at Judicial tax sale over 2 years ago and have a standard Tax Claim Deed. Now I am selling the house and the settlement company is requiring an action to quiet title, which I am told is going to de...
I have the opportunity to do a deal where I will be able to buy a property at a reduced price only if I make it happen within the next 2-3 days. My problem is the following: The seller bought the property from HUD and...
Hi all, Found a property significantly under market value. Not sure how to go about finding all the variables, such as leans, etc. Offer states. Buyer will receive quit claim deed with no title insurance. Seller will ...
I buy lots with cash and build houses with construction loan. I pay for owner's title policy when purchasing a lot and pay for lender's title policy when getting a construction loan. When getting a construction loan, ...
Do you buy title insurance for your rental property? Even if your attorney does a deep dive and finds no issues, is it still a good idea?
I bought a $550 house in Memphis TN. Title Insurance is $100...Should I save the C Note or spend the money on TI?What do you recommend?
Hello,
Actually I have a somewhat advanced question.
When doing double closings, should you get title insurance? I am talking about closing with a seller and then turning around and selling to an end buyer in a ...