All Forum Posts by: Eric Foster

Do you have a Real Estate Company that you are with now?

If so, ask another agent in the office for a referral to a title company. They can "dig up" whatever you are looking for.

If not, ask around and get a referral to a local title company.

Or...

You can just call a title company and say "I am currently taking real estate classes to obtain my license" and I am looking for a title company to work with...

They will get you someone to talk to...

Welcome!

Welcome to the group...

There must be another way, but sorry I do not know what that is.

Try the bulk forum.

Welcome!

Welcome to the forum! Look around!

Welcome to the forum.

Lots of good ideas and info here.

I see... Just don’t spread yourself out too thin. Properties at a distance can be much more difficult to deal with.

Bets of luck!

If this is your first one...

You should get title insurance! That way you have insurance in place stating clearly what liens are on the property as of the time of you taking ownership. Also, you will get to see the title report showing those liens prior to taking ownership.

You need an "owners policy" and it will only cost a couple hundred dollars or so. You don’t need (what they call) a "lenders policy" as no new loan is being taken out. (Assuming you buying sub-to the existing loan)

You can do your own closing... i.e. get the seller to sign the deed over to you in front of a notary... and just ask the title company to record the deed and issue title insurance... This will cost you a lot less than a full closing and escrow.

Good luck

Realtors and Mortgage Loan Officers have been using this for many years... It is nothing new… just being re-packaged and given new fancy names.

If you are doing marketing that generates a lot of calls (i.e. over 5 new calls a day) or you can not answer your phone when it rings, it can be a good. Many prospects do call on weekends and after hours. But, as always, it is best to answer the phone when it rings!

When using an answering call capture type service you will miss calls, since not everyone will not leave a message. But as you mentioned you get caller ID info on every call... blocked or not.

Some smart investors (like myself :lol: ) have been using them for years. I have had mine for... 10 years!

Again.... if you are just capturing contact information, or have a informational recording you want people to listen to, or just have too many calls, it can be good.

We use it for about 1 in every 5 marketing programs that we do... Instead, the other 4 out of 5 times, I write real specific ads to cut back on the amount of calls… i.e. (For a lease option ad) - Buyers need $8000 down and verifiable income of $5000 per month in income"... the people with $2000 down, $2200 a month in income, and that can only afford $850 in monthly simply do not call.

Give it a try... There should be ones with little of no set up fees and about $20 to $30 a month. You don’t have to pay any $295 - $995 set up fess like I have seen at some seminars.

$9 here.

Yes I am being silly... But I love lease options.

But... rule #1 to asset protection is privacy.
So for now... Im sticking to my answer of $9

If you are happy with the condition of the title (i.e. the liens and loans that are attached to the property etc.) you can get a deed at most stationary stores... You can do the deed yourself.

Or... better yet, get HELP! It is not that hard, in fact it is easy!

This is an attorney thing... Title companies sell title insurance and escrow/closing services... sounds like you are not really asking for or willing to pay for either.

Simply put ask an attorney this "I need help preparing a deed". Period enough said! Provide them the buyer and seller info and you are done.

Title will not help you with this as they are not guaranteeing title i.e. providing title insurance.

With all that said... You need help... You need to know and understand what you are getting yourself into. If you know and understand... it is all easy!

Just ask questions... There are people here that can assist you with most of your questions.

Start with setting up a marketing plan... Without it, you will never have any deals to work on...

Take care!