Here is a tip for all you real estate investors and for those that help or represent them. If you have purchased a property through the "tax sale" process, use caution! When you finally get the deed from the tax assessor, that does not mean you have a good title that is insurable by a title insurance company. Most title companies will not insure that title unless it has been adversely possessed for some period of time, in some cases 20 years. There are some remedies available to vest an insurable title in the buyer for example getting a deed from the previous owner or filing a bill to quiet title. If you have bought a tax sale property or you are a realtor listing a tax sale property we can help you resolve these potential problems so give us a call and make an appointment today!!
Posted on: Wed, 19 Jun 2013 17:04:57 +0000
Trending Topics
Recently Viewed Topics
© 2015