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Michael Lucero
  • Rental Property Investor
  • Pasadena, CA
149
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164
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Question on Online title searches and auctions

Michael Lucero
  • Rental Property Investor
  • Pasadena, CA
Posted

So I've been thinking of bidding on a few auction properties and I wanted to hear the what the community has to say about online title searches and if you need or can get title insurance before purchasing. I basically just dont want to get stuck with a gotcha situation after winning where there are any other liens  or financial encumbrances/outflows against the property, besides for repairs. This is a county tax auction and the auction site says there are no IRS liens, but i'd like to hear the other types of liens that are out there and how I would know if im bidding on the senior lien or not. Are the online title searches complete enough and do you recommend any sites specifically. Any other sage advice is welcomed. Thanks

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