Prelim title search and setting an asking price

[Markeilsha R.]

I just wanted to ask this question for clarification. I've had two contracts and I'm working on a third. The first two searches are being conducted by a law firm I engaged to help me with the close after I became a bit nervous about actually signing contacts with a REO. Anyhow, now the title search gets done by the law firm but I'm wondering how the seasoned investor look at properties and get these done BEFORE getting into a contract without incurring costs. When doing the background research on potential properties has prior to making offers, how do you go about vetting the property enough to have the confidence to establish an asking price on the home?? Is there a site you use or have confidence in for numbers to get started, or is it mostly a quick check on taxes and the owners?

I am looking for recommendations, any useful advice will be greatly appreciated.