Benjamin Spaulding
Ways to save on legal fees associated with home purchases?
I am in the process of purchasing my first house. When I was hit with almost $1000 in fees between lawyers fees and title insurance I began to wonder if there was a way I could save on these fees in the future? I plan...
Jochy Perez
Unable to obtain lien release
Hi everyone, Under contract to purchase an REO property and it was discovered there's an old mortgage from 1997 which was assigned in 2000 to IMC Company Co, Tampa FL.IMC Company Co is no longer in business and from t...
Matt Wells
Need title insurance if purchase a home by LOC and want to BRRRR?
If I purchase a home with a line of credit and plan on doing a BRRRR, do I need to purchase title insurance when I purchase the house, or should I not buy title insurance because I will have to buy title insurance whe...
Zeng Fan
Philly title company fee question
Hi BiggerpocketsI was just told by a philadelphia real estate agent that all title companies in philly charged the same fee when closing a property because they are regulated. Just want to confirm this with local expe...
Charles Granja
What are normal title fees 400-500k house?
In the past, I have purchased homes and title costs are normally 700-1200$ for homes between 100-250k (California/Missouri/Kansas).For a 420k house (Chicago), I am purchasing they have the total at 3500$, seems like a...
Jay Schwichtenberg
Can I resell a home that I buy with quit claim deed?
I notice that the banks are selling a lot of their property in auction with quit claim deed. I understand what quit claim is, but I'm not sure if I understand what the means for the title. For example, if I buy the pr...
Sylvia Castellanos
What costs do I have to deduct from what I am paid for a property?
I am pursuing my goal to be a land investor, and so far I feel good about having bought a number of lots at a good price. There is still a lot I have to learn, so my question is going to be as basic as it gets. I nee...
Naomi Boudreaux
Tax Lien Sale in Louisiana. Redemptive Period Coming. Need Advice
I won a tax lien sale at 100% via Civic Source and the required 3 year redemptive period is coming up. I was reading that I was supposed to notify the owner or whoever the heirs of the property were during those 3 yea...
Kyle Herb
Certificate of Title
I'm set to close on 2 rentals this month. I got a preliminary HUD sheet from lawyer. Under the 1100 lines for Title Charges, 1101 "Title services and lender's title insurance" is filled in. 1102 "Settlement or closin...
Blair Nye
Wrong end of the foreclosure process! Looking for advice.
I'm an out of state investor living in Tacoma, WA. I own a property in Fayetteville, NC that I bought in January of 2021 and have never missed a payment on. When my PM visited the property this morning they found fore...