HELP!!! (Foreclosures and liens) - Posted by T Hamilton

Posted by TH on September 14, 2003 at 07:39:25:

Thank you RON! Guess I don’t really understand all there is to know about the lien process. Anyway, we will buy title insurance and pick up this puppy!
Tom

HELP!!! (Foreclosures and liens) - Posted by T Hamilton

Posted by T Hamilton on September 13, 2003 at 21:52:45:

Looking to buy our first investment property and now I find that other buyer’s have pulled away from this deal because of the number of liens on this property. If I run a title and it shows these liens, can I still buy the property without any worry of some other company wanting a cut? Or, if I buy it and can’t get a clear title then how the hell can they list the property for sale?

ShEEEEsh!

Tom

Re: HELP!!! (Foreclosures and liens) - Posted by Ronald * Starr(in No CA)

Posted by Ronald * Starr(in No CA) on September 14, 2003 at 24:03:55:

T. Hamilton-------------------

Your question is unclear to me. You don’t worry about the liens. You make sure that your contract specifies that the seller delivers the property with marketable–or “merchantiable” title. And you get title insurance to protect you.

You don’t worry about the current state of the tirle.

Good Investing********Ron Starr*************