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Updated almost 10 years ago on . Most recent reply

Account Closed
  • Real Estate Agent
  • St Petersburg, FL
0
Votes |
11
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Title company not wanting in insure sherrif's deed

Account Closed
  • Real Estate Agent
  • St Petersburg, FL
Posted

I bought a property in a tax sale in Montgomery County, TX.   It is not Homesteaded or Agriculture, and 6 months have elapsed since recording of the sherrif's deed.   I have a buyer interested, but their title company will not insure it, stating 2 years must elapse before they will insure it.

Has anyone come across this before and can you recommend a strategy that will enable me to sell it before 2 years expires?  Obtaining quiet title?   Finding a different title company?   Other ideas?   Thanks!

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

@Account Closed

  not sure about texas as I have never bought a foreclosure there.  However sometimes its as simple as checking with other title companies.. and maybe one of the TExas foreclosure regulars can chim.. maybe its necessary to quiet title .. although being a Trust deed state this is usually not the case

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JLH Capital Partners

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