Before I start lesson 6 I just wanted to give a plug to +Vic Gundotra for doing a great job having such a big circle with a lot of followers maybe someday I can get there and +Marc Ridey or it may be this +Marc Ridey who both work for google but this is for the one who posted Automatically share your blog posts to Google+.
Lesson six in Top 10 risks of buying Tax Liens will be on clouded and/or uninsurable Titles of the Tax Lien. A property title/deed that is not insurable by a title insurance company is referenced to as a clouded title. If you can not issue any insurance on the property it is hard to sell. There are a lot of title insurance companies that will tell you if the title is clear. As I have been saying right along with doing your due-dilligence this should not be a problem. Make sure you follow the 14 step process that I will be supplying in a couple more days.
Here is the website you can go to check the titles and see if they are okay or not, and remember this is only if you get the property if they don't pay there taxes. The web site address is http://www.TaxTitleServices.com and it is not case sensitive I only did that to split the words up to see it easier. The majority of deeds or titles obtained in a tax sale or tax foreclosure are considered to be clouded titles. Don't really panic because there is a service out there that can fix that for you. We will be getting in to that too later down the road.
Well again thank you for your attention and we will be doing lesson number 7 the next time we meat again.
Calvin
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