Roberto Westerband
Warranty Deed vs. Quit Claim Deed
If a property is transferred to an LLC, what are the pros/cons of using a Warrant Deed vs. a Quit Claim Deed? In addition, will the title insurance policy still cover the investment property once the deed is transferr...
Justin C.
About to file a claim for water damage due to ice damns... Any tips?
Hi BP, It started out with one small leak which i went on the roof and started salting the gutters and cutting troughs in the ice. A week or so later i have 5 major leaks in separate areas of my house. Any tips on f...
Kristina Anderson
Managing a Tax Lien through Title Insurance
Hi All! Happy New Year -We just discovered a property we purchased last spring (2022) had a tax lien on it that had been sold in late 2021. Notices had been going to the seller. The lien was put into foreclosure about...
Debra Mittleman
Tax Assessor Quit Claims My Property....What?!!!!!!
Help!!! In November 2016 I attended a tax deed sale in Thomasville GA. It was my first and I was pleased to purchase 2 homes and one lot. Georgia has a one year redemption period which allows the owner to reclaim ...
Bryan N.
Insurance umbrella or just liability???
I was considering getting a $1M umbrella policy for $22 a month. I went online to get a quote on Rental Property Insurance (USAA calls it that) for a SFH I am evaluating. The quote showed for an additional 45 cents ...
David Newton
Purchasing property for LLC (partnership) in personal name
An unrelated partner and myself have started an LLC and purchased our first property. We paid cash and the property is in the LLC and plan to refinance in the coming months.My question relates to additional propertie...
Eric Martin
Buy a house and get a new insurance policy with open claims?
Upon advice from my property manager, he said I should have my roofs looked at by an insurance adjuster to see if there was any damage, and if so, try to get a new roof. I have 7 properties, and of those, the adjust s...
Kevin Fletcher
Hold Open Title Policy for Flipping
I was told by a friend about using hold open title policy for flips because it can save a lot of closing costs when flipping. Does anyone have any experience with these? Is it a good option for flipping a SFH?
James Wise
JV With a twist. Money guy coming in with a Mortgage
Alright i'm not 100% sure how I want to go about this.
I have a tentative JV agreement in place. I'm writing up an offer for a house to hold as a rental . It will be a 50/50 split. I have a ...
Fred Stevenson
to file a claim or not file a claim
I have a property in which the tenant had a "cooking accident" that sent flames up to the ceiling, and burnt a whole into the bedroom above. The work order from my property manager is for $6120.00, and my deductible ...