Updated over 6 years ago on . Most recent reply

Buying REO with insurble tittle to flip with hard money
Hi, I’m under contract to buy a reo to flip using hard money. My attorney just notified me that the contracts states that they will only convey insurable tittle. Is this common, would I be taking any risk doing this? I have 5k down and contingencies expire today. Would you recommend doing a tittle search before letting contingencies expire?