Land Profit Generator Review

Land Profit Generator:  How to do a Title Search before a Tax Lien Sale

Are you planning to attend a tax lien or tax deed sale? Is there a specific property that you are interested in? If so, you must do a title search beforehand in order to ensure that you are not purchasing any title headaches.

Before investing in any real estate, it is critical to do some background research on the property. Your research is not complete until you have done a thorough title search on the property. A title search alerts you to any liens or claims against the property. In the event you purchase real estate that does not have a “free and clear” title, you become legally responsible for any liens against the property.  Doing a proper title search is one of the teachings found in the new Land Profit Generator.

I do not always recommend hiring a title company to do this for you. Why invest money for a service when you may not even buy the property? You can easily do this on your own by following a few simple steps.
1. Your first stop should always be the county records office. This office will have various names depending on the county and state involved. You are looking for the county official who keeps records of all real estate transactions such as deeds, mortgages, and liens. Specifically, look for the “Grantor/Grantee” index. The grantor is typically the seller. The grantee is usually the buyer. Conveniently, most counties provide online access to this information.
2. Once you’ve located the index, look for the name of the property owner. The index is usually organized not only by name, but also by book, page, and legal description. You can search the index using any of these details and find all associated documents for the property you are interested in.
3. After locating the property in the index, go through all the documents available. Keep an eye out for things such as IRS tax liens, bankruptcies, environmental claims, and mortgages. If a bank is holding a mortgage, they are unlikely to allow a property to go due to taxes.
4. In general, if you find any of these issues, you will want to avoid purchasing the property in most cases. There are plenty of other options available without all the headaches.
5. After you get used to this process, expect to spend only five to ten minutes per property.

Never skip doing a title search. A few simple steps up front will save you a lot of obstacles later on. For more information on my course, the Land Profit Generator, visit http://www.landprofitsreview.com. Also, you will have the opportunity to sign up for our free list that brings real estate investing tips and discounts right to your inbox. No spam, just content!