Before you can get title insurance you need to clear the title on your tax sale property. Read this article by Philip Soares of Tax Title Services, Inc. to find out more.
Having Trouble Getting Clear Title To Your Tax Sale Property?
Many tax lien/deed investors, especially the ones new to the industry, are surprised to find out that after acquiring a tax lien/deed property, they have a title insurance problem. The first thought that comes to the investor’s mind is, I have to contact an attorney and file a quiet title action. Although most title companies will insure tax lien/deed properties after a quiet title action has been completed, the disadvantage investors run into is time and money. Most quiet title actions take anywhere from 4 to 9 months and most attorneys are very expensive.
It doesn’t have to be that way, not if you use a Tax Title Curative Consultant that can clear the title to tax deed properties in less time than a quiet title action and in most cases for a lot less money.
Tax Title Services, Inc. is a California-based company that has been enabling tax lien/deed investors to obtain title insurance on their tax deed properties without having to hire an attorney to file a quiet title action. Tax Title Services, Inc. has performed its certification process or curative work on over 13,000 tax deed properties since July of 2000. Their process is recognized by their partner program title underwriters (First American, Stewart, etc.), and they are able to obtain title insurance on behalf of investors for their properties in approximately 30 to 60 days at a lower cost than most attorneys.
Is Obtaining Title Insurance For Tax Deed Properties Important?
Yes, very. Prospective buyers cannot buy your property using lender funds without title insurance. Banks will not make a loan without title insurance. You will limit the amount of prospective buyers for your property and decrease your property’s market value. With title insurance, any qualified buyer can obtain a loan and purchase your property at full market value. This means more cash in your pocket!
If you are interested in:
- Saving Time!! No attorney or court delays.
- Saving Money!! Our fees average half of what a quiet title would cost.
- Immediate Marketability, get your property listed shortly after your tax deed purchase
Then talk to one of our representatives at (949) 798-1180, and let them know that you found out about them from the Tax Lien Lady. Or you could come to our Chicago Tax Lien Investing Conference on July 26, and meet the president of Tax Title Services and have him answer your questions!
*Please be aware we are an in house underwriting process only. This is not an insurance product. Title insurance is provided by Tax Title Services partner program underwriters who will be able to insure the title once we have cleared it for you.
By Philipe Soares August 7, 2013 - 6:13 pm
Hi Jim,
Please visit http://www.taxtitleservices.com for a list of states where we are active. Note that not all states need our services.
If you have any questions, you may call me at 480-430-2130.
Thanks.
By Jim Deitrich August 7, 2013 - 12:20 pm
About this article ” How To Clear The Title On Your Tax Sale Property ”
Can this work in Puerto Rico other S.U. Territories?
Are their any states that this will not apply to the properties?
Thank You, Jim D.