Property Owner Search Before You Buy Saves Time and Money

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Advadoc

New Member
An owner search or a title search is done by physically searching through years worth of files and databases while tracing ownership history on land or property rights such as timber or from farming. A chain of title traces ownership history from the current owner all the way to the original owner of record. These records are generally kept at your local county or government office. Making a trip there leaves a lot to be desired as employees are often spread thin and overwhelmed. Be prepared to wait in long, slow lines and do not be surprised if one document is one place, but you search for that document on the third floor and if you want a copy of the map, you’ll need to walk across the street, to another building, through security, and in the basement, where you wait in another line. Good luck trying to learn how to find any of these records as staff simply can not spend the time helping and generally aren’t very friendly. Most people use title insurance companies although they’re very expensive and not really set up to handle requests for basic information very quickly when you’re trying to make time sensitive decisions. Another option is to use an insured document retrieval company with a lot of years in the industry and has people on the ground to help you retrieve documents and information about the property or search for liens and judgments fast. These companies can prove to be very valuable and give you an edge over your competition as you’ll have a much more accurate understanding of the true position of the property and what it is going to cost to put you in a position to make money. Time is money right!
An owner search can help you see if there are any clouds on the title or anything that might delay the transfer of the property. Sometimes owners sell partial interests, grant easement rights, allow people to cut timber or harvest crops. Others have tax liens, criminal or courthouse judgments, or other encumbrances. Know before you buy. After all, G.I. Joe, says “knowing is half the battle!” Whatever you do, research, research, research. Win the day!
 
Ryan M

Ryan M

New Member
The easiest way is to go to a local title company and pay a small fee to get a preliminary title search if you want to undertake the process yourself, however in a normal real estate purchase your real estate agent will do this as part of his/her service in drawing up the contract and other documentation.
 
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clarkd384

New Member
Selecting some best homes/properties is not really a quick matter.
Before buying any properties this is better to search Realtor or Agent from the local area you are interested to buy.

You can search MLs on Google by sorting the area of interest. Contact with the Agent and discuss/aAsk more about the selections. I think most MLS have their contact info like; phone number and email address on their own Website or Blog.
 
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Advadoc

New Member
Search Before You Buy Saves Time and Money

Title companies are far from quick and not set up to provide you custom information depending upon how you make your real estate decisions. For example, I stumble upon an auction property that is going to auction in two days. Title companies most likely will NOT be able to turn around a pre-liminary title report that fast and did you know title company prelims are not insured?? That means they're often doing a very quick snapshot of a property, and can often miss big things that affect a property especially when there could be pending litigation like in foreclosure situations. I've found the best way to get an edge on competition and make the most informed decisions when I need it to be quick and accurate is to hire a reputable document retrieval company who will physically perform a search on the properties your looking at. Be careful as there are several people who claim to know what they're doing. The best way is to find a company who has been working with title insurance companies, attorneys and investors for quite some time. They can provide the same information and more often then not, cheaper, quicker, and more accurate.

Good day friends!
 
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