How to Buy Tax Sale Properties and when to Quiet Title - (877) YOUR-FIRM
51.3 هزار بار بازدید -
8 سال پیش
-
Tax sale purchasing and Quiet
Tax sale purchasing and Quiet Title actions.
(877) YOUR-FIRM
https://www.QuietTitle.com
https://www.TheProbatePro.com
Facebook: Facebook: TheProbatePro
LinkedIn: LinkedIn: the-probate-pro-plc
Instagram: Instagram: theprobatepro
Twitter: Twitter: The_ProbatePro
_________________________________________________________________
Addresses:
Michigan Office:
414 W. Fifth Street
Royal Oak, Michigan 48067
Illinois Office:
1525 East 53rd Street, Ste 439
Chicago, Illinois 60615
Florida Office:
941 West Morse Blvd., Suite 100
Winter Park, Florida 32789
_________________________________________________________________
Legal Disclaimer:
QuietTitle.com and The Probate Pro, PLC, are divisions of The Darren Findling Law Firm, PLC. The presenter, Darren Findling is licensed as an attorney only in Michigan.
This video is for educational purposes only and is not to be considered legal advice. The Probate Pro, PLC, QuietTitle.com and any other entities of The Darren Findling Law Firm, PLC do not claim to be an “expert” or “specialist” in their legal practice areas.
in part one attorney Darren Findling will teach us how to evaluate the properties whether to bid on them or not because they could be placed on the demolition list for the city there could be an IRS lien issue also we will learn the do's and don'ts of bidding the rules of bidding paying for the property and getting the deed hi my name is Darren Findling and I'm an attorney and I run a law firm out of Royal Oak Michigan that does quiet title work statewide throughout the state of Michigan I've been doing this for over 22 years and have a background in title related issues specifically helping investors like you who may be interested in properties that ultimately have problems with the title people ask me all the time why would I need you why would I need an attorney to assist me when I'm buying a property at a tax sale here's why when you buy a property at a tax sale at a County auction that property has a history the history relating to that property is that before you bought it at the sale there was somebody else that owned it there may have been a mortgage on it there may have been tax liens on it but it has a title history when you acquire that property at the tax sale you need to correct the chain of title and that correction of the tape chain of title is called a quiet title action my law firm and my website quiet title calm explains much of what I'm going to share with you today you can also reach me at my office by calling me at two four eight three ninety nine three three zero zero and I'm happy to explain any of the concepts that I'm talking to you about today so what do you need to do you're interested in buying a property at the county tax sale the property looks good it has all the markings of an investment that look good from your perspective what should you need what do you need to know beyond what you're seeing as an investor when you go and view the property well let's talk about some of those things first I always suggest that you physically look at the property do not rely on photographs or a simple web search look at the property look at the surrounding houses look at the neighborhood is this a neighborhood that you want to invest in if it passes that test then we'll move on to the next issue but why do I tell you not to rely on the opinion of others or simply photographs the reason I steer people away from just looking at a photograph is contextually you don't know what's going on in that neighborhood and there's a lot of fraud involved I've seen a lot of fraud over the years where people are told a property looks beautiful they live out of state they live out of the country and they rely on third parties giving them that information and then they find out that they bought something very different than they had assumed so look at the property or rely on people that you trust implicitly so that you can look at the property itself not only its physical structure but its surrounding area the next thing I want you to understand is that when you buy a property at a tax sale there are some things we want you to know about the property before you put your money down before you lay the dollars out to the county are there any IRS tax liens on that property does the property have a really problematic title history now those are very difficult things for most investors to know to be able to answer the questions to simply you can go and have a title search done or you can work with an attorney like myself who can guide you and evaluate the level of risk associated with any parcel or any property that you're interested in buying another important characteristic especially in urban and fireman's is whether that property is on the demolition list unfortunately I've had many clients over the years who has bought with thought they were buying a structure and the land that it
(877) YOUR-FIRM
https://www.QuietTitle.com
https://www.TheProbatePro.com
Facebook: Facebook: TheProbatePro
LinkedIn: LinkedIn: the-probate-pro-plc
Instagram: Instagram: theprobatepro
Twitter: Twitter: The_ProbatePro
_________________________________________________________________
Addresses:
Michigan Office:
414 W. Fifth Street
Royal Oak, Michigan 48067
Illinois Office:
1525 East 53rd Street, Ste 439
Chicago, Illinois 60615
Florida Office:
941 West Morse Blvd., Suite 100
Winter Park, Florida 32789
_________________________________________________________________
Legal Disclaimer:
QuietTitle.com and The Probate Pro, PLC, are divisions of The Darren Findling Law Firm, PLC. The presenter, Darren Findling is licensed as an attorney only in Michigan.
This video is for educational purposes only and is not to be considered legal advice. The Probate Pro, PLC, QuietTitle.com and any other entities of The Darren Findling Law Firm, PLC do not claim to be an “expert” or “specialist” in their legal practice areas.
in part one attorney Darren Findling will teach us how to evaluate the properties whether to bid on them or not because they could be placed on the demolition list for the city there could be an IRS lien issue also we will learn the do's and don'ts of bidding the rules of bidding paying for the property and getting the deed hi my name is Darren Findling and I'm an attorney and I run a law firm out of Royal Oak Michigan that does quiet title work statewide throughout the state of Michigan I've been doing this for over 22 years and have a background in title related issues specifically helping investors like you who may be interested in properties that ultimately have problems with the title people ask me all the time why would I need you why would I need an attorney to assist me when I'm buying a property at a tax sale here's why when you buy a property at a tax sale at a County auction that property has a history the history relating to that property is that before you bought it at the sale there was somebody else that owned it there may have been a mortgage on it there may have been tax liens on it but it has a title history when you acquire that property at the tax sale you need to correct the chain of title and that correction of the tape chain of title is called a quiet title action my law firm and my website quiet title calm explains much of what I'm going to share with you today you can also reach me at my office by calling me at two four eight three ninety nine three three zero zero and I'm happy to explain any of the concepts that I'm talking to you about today so what do you need to do you're interested in buying a property at the county tax sale the property looks good it has all the markings of an investment that look good from your perspective what should you need what do you need to know beyond what you're seeing as an investor when you go and view the property well let's talk about some of those things first I always suggest that you physically look at the property do not rely on photographs or a simple web search look at the property look at the surrounding houses look at the neighborhood is this a neighborhood that you want to invest in if it passes that test then we'll move on to the next issue but why do I tell you not to rely on the opinion of others or simply photographs the reason I steer people away from just looking at a photograph is contextually you don't know what's going on in that neighborhood and there's a lot of fraud involved I've seen a lot of fraud over the years where people are told a property looks beautiful they live out of state they live out of the country and they rely on third parties giving them that information and then they find out that they bought something very different than they had assumed so look at the property or rely on people that you trust implicitly so that you can look at the property itself not only its physical structure but its surrounding area the next thing I want you to understand is that when you buy a property at a tax sale there are some things we want you to know about the property before you put your money down before you lay the dollars out to the county are there any IRS tax liens on that property does the property have a really problematic title history now those are very difficult things for most investors to know to be able to answer the questions to simply you can go and have a title search done or you can work with an attorney like myself who can guide you and evaluate the level of risk associated with any parcel or any property that you're interested in buying another important characteristic especially in urban and fireman's is whether that property is on the demolition list unfortunately I've had many clients over the years who has bought with thought they were buying a structure and the land that it
8 سال پیش
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