What to do after obtaining deed

Question

I’m in West Virginia, close to the redemption period being over and I’m not 100 percent sure on the next steps if I receive the deed. What is the best way to go about clearing the title in order for me to sell it on the market. 2 of my lines are on river lots, is anyone on here familiar with the laws when it comes to there campers being left on the property once I receive the deed ?

John Underwood · Answer

2 ways to clear deed.

1. You pay an attorney to do a quiet title action.

2. You get quit claim deeds from previous owners. If there was an old mortgage you get a lien release from them also. If the county noticed everyone properly it can be cleared up that easy and then get title insurance.

If you have no intentions of selling then you don't have to do a thing. I keep tax deed houses and just rent them. You can also sell to a cash buyer with a QC deed.

Tracy Z. Rewey · Answer

@Mike Bell  I suggest starting with a title report.   A good place to start is a  GUARANTEE FOR JUDICIAL FORECLOSURE, TRUSTEE'S SALE, STATUTORY LAND SALE CONTRACT FORFEITURE,OR LITIGATION. The last one I ordered was through First American Title but there are other providers. It will also save you time, energy and money if you use the same title company for the new owner's policy when you go to resale the property.  You can also get a basic report (without insurance) but if you plan to resale and provide title insurance (or the new buyer goes for a loan) you will want the insurance.

Chris Taylor · Answer

Once You get the deed, why is there anything else to be done?  The deed is ownership and should be clear title.  is that sheriff's deed?  Not sure why you would need to do anything else.

For peace of mind, a title company should give you a preliminary title report for free if you ask nicely (and imply you might need title Insurance for this or other properties in the future).

Mike Bell · Answer

@John Underwood thanks for the info. Are you familiar at all with how not would work on the river lots ? If I go through to quit claim process and clear the title, what would be the proper process to take for the campers, etc. if they fail to remove them in a timely manner ?

What to do after obtaining deed

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