Updated almost 13 years ago on . Most recent reply
Oregon title help
Happy Friday! I purchased an inheritance list from US Lead List for 4 counties as my local area is quite small. I have the mailers ready to mail with a great yellow letter, but I wanted to make sure a local title company could execute an "assignment" contract. I also want to make sure my contract is Oregon compliant.
Well, after my conversations today with 2 local title companies, it looks bleak. They are telling me that I DO need to be a realtor and that they cannot do those kinds of deals as they would incur fines and such. One company said that the last time they performed a deal like that was 2003...and fines were incurred to many individuals.
I know there are wholesalers in Portland, but it's 300 miles away. Do I contact a title company in Portland and get my issues resolved so I CAN mail these yellow letters and get my 1st deal?
Any thoughts would be greatly appreciated. Thanks!!!!
Most Popular Reply
My guess is that you are explaining what is you want to do all wrong. Or just wrong enough. :) Marketing to an inheritance list has nothing to do with a signed purchase agreement and assignment agreement. So this isn't really a probate/estate deal question. Escrow/title don't "execute" assignments. What is it that you are trying/wanting to do? Let's sort it out and figure out what words and phrases you should use.
To be honest, you don't really need to find a title company asap. There must be someone out there in guruland teaching that as an important step. Because we see a LOT of posts on that topic from newbies here at BP. You need to mail those letters and find a seller, negotiate a deal, get a contract, and then find a buyer. Escrow and title is the least of your worries.