Many option investors have gotten into serious trouble because they tried to save time and money by doing only a cursory title search without having their findings verified by an experienced title researcher or abstractor. You must understand that an uncovered, but recorded, mechanic's lien, federal tax lien, or third mortgage or deed of trust loan can come back to haunt you at a later date, usually when you are in the process of trying to sell the option on the property. Researching property title information can sometimes be very tricky, even if you know what you are doing. And this is why I highly recommend that you hire an experienced title abstractor to do a title search on a property before you buy an option. To find an experienced title abstractor in your county, log on to the following web site: Abstracters Online: www.abstractersonline.com.
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