Bidding on a foreclosure auction?   Buying a property through a homeowner association or condominium association auction?

A preliminary title report run by an attorney, which is an examination of title and liens, can spot trouble ahead for a  foreclosure auction bidder, to help make an educated and informed decision as to the future investment potential of the property.

Nobody likes to assume they are getting a bargain, to only find out the property has a second mortgage, association lien, or other liens that attach to the property and are not eliminated at the auction.  A successful bidder must therefore do their homework prior to bidding.

A preliminary title report involves researching title, public records, property history, tax deeds, wills, trust, divorce decrees, bankruptcy filings and tax records to provide accurate and sound advice PRIOR to bidding on the property.

This title commitment or “commitment of title” provides peace of mind for the bidder before proceeding with the sale.

Call us today to see how we can help you obtain peace of mind.  The first consult is always free of charge.

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