While reading Greg's way in the book it talked about getting a 'title search.' ...w/virtually no money and title searchs costing an avg. of $150.00 to $250.00 each...what's a good way to get it paid for by the seller...? ...any gooood ideas...
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Make it a condition of the sale that seller pays for title work.
"NOW GO FIND A DEAL"
Watch your thoughts; They become words,
Watch your words; They become actions,
Watch your actions; They become habits,
Watch your habits; They become character,
Watch your character, it becomes your destiny.
Frank Outlaw
you have a better chance of winning the lottery or getting struck by lightning than a seller paying for a title search on the house they are selling.
Its the buyers responsibility. If you can find an idiot seller to do it, more power to you and let me know their name.
it is the buyer that pays for the Title Insurance and hence the title search. However, in some parts of the country, it is customary that the seller pays for it.
The logic is for most of us: We want to make sure that the Title is good so we pay for it as it validates our purchase.
The logic in the other areas: I'll prove to you that my title is clear before I sell it.
You just have to know your area.
BTW, you can do your own title search for free if you understand how the county recording system works. We do all our own no matter where we buy.
Always Looking to Acquire Houses | Always Looking to Amaze Investors
It is not difficult to get seller to pay most or all closing costs in the market conditions that we have in Phoenix right now.
"NOW GO FIND A DEAL"
Watch your thoughts; They become words,
Watch your words; They become actions,
Watch your actions; They become habits,
Watch your habits; They become character,
Watch your character, it becomes your destiny.
Frank Outlaw
Hi, Mr. Pahl Wening C. here can you please be more specific on how to do our
own title search and how you do it no matter where you buy.
You input is appreciated.
Thank you,
Wening (Fort Lee, NJ)
" The mind is everything. What you think you become"
-Buddha
;-)The Success Formula
Positive mind + Positive thinking!= Positive Success! Wening