Title Searching and Other Research

I have my eyes on this Sale by owner property right across from my house. The own have been living there for 2 years already.I want to jump on it, but not sure what to do exactly. It is a new still develop community. The same house that is currently been built is around $125K.

I want to find more information on the house, so I went to the county clerk and tax office to dig some stuff out. They were busy so I really didn't get much help.

To make this short. Can someone help me?

The Property Recording System

Virtually every county in the United States has a place where records of title are publicly recorded. The recording system gives constructive notice to the world of the transfer of title to property. Recording simply involves bringing the original deed to the local county courthouse or clerk and recorder's office.

When Would I Use Direct Deeding?

When you are exchanging property under a 1031 Tax Deferred Exchange, you may choose to "direct deed" your property to the buyer or have the seller direct deed his property to you. Direct deeding is achieved by deeding your property directly to the buyer rather than to an intermediary, which initially was the common practice in 1031 tax deferred exchanges. The seller of the property which you are buying then deeds his property directly to you, skipping the deed to an intermediary.

The Bona Fide Purchaser

You get a deed from a seller in foreclosure. Before you can record the deed, the seller gives a second deed to your competitor. The competitor records his deed at the country first. Who wins? This is an interesting issue that most investors don't seem to grasp. First, understand there are two issues here: one is ownership, the other is notice. The recording of a deed is NOT necessary to transfer ownership of real estate. The simple act of executing a deed and delivering it to the buyer passes ownership.

Hey everyone, i just finished deans book be a real estate millionair and i am motivated to get in the game. im not sure exactly what i need to research in order to determin if the property would be a good fit. can anyone explain to me what they do and what to look for when researching a property. i know you have to be armed with as much information about the property but where should i start? what are the steps you use? thanks to anyone that can point me in the right direction

Lets say that a house is foreclosed on or taken over by a government, bank, or tax entity. So if you were to buy it you wouldnt have to worry about any of the original owners' debt.

BUT, if you are buying a fsbo property or a pre-foreclosure, what must you do to protect yourself from acquiring the seller-caused liens or debt hidden and unhidden with or attatched to the property in the deal.

Hello everyone,
I was wondering if anyone had any experience in buying property after it is "involved" in a crime.
Situation:

Hello DG Members,

Does anyone know of any good Title companies that are familiar with the double close procedure in the Northwest Indiana area? Thanks for your help. Believe and Achieve!

when doing an assignment of contract on an REO and or short sale make sure you have a company that can do double closings. They can be found on a web search.

How do you find the owners of a mobile home? For instance, I would like to find who the owners are for all of the mobile homes in a certain park. How would I go about finding that out?

Thank you,

Reighnie