Comments for eEstate Plan http://eestateplan.com Thu, 23 Feb 2012 00:05:17 -0500 http://wordpress.org/?v=2.9.2 hourly 1 Comment on What documents am I looking for in a Title search? by Real Trav http://eestateplan.com/what-documents-am-i-looking-for-in-a-title-search.html/comment-page-1/#comment-5824 Real Trav Thu, 23 Feb 2012 00:05:17 +0000 http://eestateplan.com/what-documents-am-i-looking-for-in-a-title-search.html#comment-5824 Lucy, by far the easiest way is to go to a local title company and pay a small fee to get a preliminary title search. You will need to make sure you give the owner's name AND the address of that particular property (in case he has another). You will pay for any online title search service anyway. In traditional real estate purchases your real estate agent will do this as part of his/her service in drawing up the contract and other documentation, but since at this stage you are researching only, you will have to do it yourself (ok, if you want to see what is involved) or take advantage of the excellent timely and cost effective services of title management service companies, as most investors I know do. The purpose of your search you probably already know, is to identify any deed or mortgage, lien, judgment, trust, maybe a will, or any complications attached to the property (not the owner) which could add to a buyer's costs significantly and make a mockery of the budget. Lucy, by far the easiest way is to go to a local title company and pay a small fee to get a preliminary title search. You will need to make sure you give the owner’s name AND the address of that particular property (in case he has another). You will pay for any online title search service anyway.
In traditional real estate purchases your real estate agent will do this as part of his/her service in drawing up the contract and other documentation, but since at this stage you are researching only, you will have to do it yourself (ok, if you want to see what is involved) or take advantage of the excellent timely and cost effective services of title management service companies, as most investors I know do.
The purpose of your search you probably already know, is to identify any deed or mortgage, lien, judgment, trust, maybe a will, or any complications attached to the property (not the owner) which could add to a buyer’s costs significantly and make a mockery of the budget.

]]> Comment on What documents am I looking for in a Title search? by wahoosx2 http://eestateplan.com/what-documents-am-i-looking-for-in-a-title-search.html/comment-page-1/#comment-5823 wahoosx2 Wed, 22 Feb 2012 23:37:03 +0000 http://eestateplan.com/what-documents-am-i-looking-for-in-a-title-search.html#comment-5823 Since they are public records, you could do a search yourself. You would be looking for any filings that could result in a claim against the property. Common ones are mechanics liens and tax liens. I presume you intend on purchasing a buyers Title Insurance policy. The insurance company will do the search before issuing a policy, and there people are usually quite thorough. Since they are public records, you could do a search yourself. You would be looking for any filings that could result in a claim against the property. Common ones are mechanics liens and tax liens.
I presume you intend on purchasing a buyers Title Insurance policy. The insurance company will do the search before issuing a policy, and there people are usually quite thorough.

]]> Comment on What documents am I looking for in a Title search? by beesting http://eestateplan.com/what-documents-am-i-looking-for-in-a-title-search.html/comment-page-1/#comment-5822 beesting Wed, 22 Feb 2012 22:41:43 +0000 http://eestateplan.com/what-documents-am-i-looking-for-in-a-title-search.html#comment-5822 Yes, the real estate broker should do it for you, once negotiations are in writing & signed. There is a charge for it when escrow closes. When you're buying or selling real property a title search is mandatory {mandated by the loan company} if anyone's getting a loan. There are title companies that specialize in obtaining this information. It's done to protect the buyer and make sure there are no outstanding liens {loans or unpaid taxes etc.} made using the property in question as collateral. If it's a privately financed or cash deal between you and a seller, you can go yourself to the county clerks office and request a title search on the property,,,,,,However you probably need the "Legal" discription of the property, before they'll even talk to you. Yes, the real estate broker should do it for you, once negotiations are in writing & signed. There is a charge for it when escrow closes.

When you’re buying or selling real property a title search is mandatory {mandated by the loan company} if anyone’s getting a loan. There are title companies that specialize in obtaining this information.
It’s done to protect the buyer and make sure there are no outstanding liens {loans or unpaid taxes etc.} made using the property in question as collateral.

If it’s a privately financed or cash deal between you and a seller, you can go yourself to the county clerks office and request a title search on the property,,,,,,However you probably need the “Legal” discription of the property, before they’ll even talk to you.

]]> Comment on What documents am I looking for in a Title search? by capellancf http://eestateplan.com/what-documents-am-i-looking-for-in-a-title-search.html/comment-page-1/#comment-5821 capellancf Wed, 22 Feb 2012 22:01:09 +0000 http://eestateplan.com/what-documents-am-i-looking-for-in-a-title-search.html#comment-5821 To save you time and energy, contact a real estate broker. Real estate brokers have access to this information or can easily obtain them from Title Company Reps. There are some services available online where you can search for foreclosures in a given area, but you usually have to pay a monthly fee to access this information. When you receive a Preliminary Title Report, look for any adverse information regarding the property such as liens and items that may affect a clear and marketable title on that property. To save you time and energy, contact a real estate broker. Real estate brokers have access to this information or can easily obtain them from Title Company Reps. There are some services available online where you can search for foreclosures in a given area, but you usually have to pay a monthly fee to access this information. When you receive a Preliminary Title Report, look for any adverse information regarding the property such as liens and items that may affect a clear and marketable title on that property.

]]> Comment on What documents am I looking for in a Title search? by TheMom http://eestateplan.com/what-documents-am-i-looking-for-in-a-title-search.html/comment-page-1/#comment-5820 TheMom Wed, 22 Feb 2012 21:53:50 +0000 http://eestateplan.com/what-documents-am-i-looking-for-in-a-title-search.html#comment-5820 Just call up the title company. The cost of the document you need is $2.50. The banks will not negotiate with you, you are going to need a broker (not an agent, they usually don't know enough) to talk to them. They simply do not have staff available to educate you and they will only work with someone that knows what is going on. Just call up the title company. The cost of the document you need is $2.50.

The banks will not negotiate with you, you are going to need a broker (not an agent, they usually don’t know enough) to talk to them. They simply do not have staff available to educate you and they will only work with someone that knows what is going on.

]]> Comment on How do I get a quote for Long Term Care Insurance? by mbrcatz http://eestateplan.com/how-do-i-get-a-quote-for-long-term-care-insurance.html/comment-page-1/#comment-5816 mbrcatz Wed, 22 Feb 2012 02:30:23 +0000 http://eestateplan.com/how-do-i-get-a-quote-for-long-term-care-insurance.html#comment-5816 Call a local agent to get a quote. You won't get an accurate one online - it has to be underwritten. Call a local agent to get a quote.

You won’t get an accurate one online – it has to be underwritten.

]]> Comment on How do I get a quote for Long Term Care Insurance? by Insurance Pickle.com http://eestateplan.com/how-do-i-get-a-quote-for-long-term-care-insurance.html/comment-page-1/#comment-5815 Insurance Pickle.com Wed, 22 Feb 2012 01:35:30 +0000 http://eestateplan.com/how-do-i-get-a-quote-for-long-term-care-insurance.html#comment-5815 Call a long-term-care-insurance-broker.com as a ltc broker can help you get quotes from the top carriers like John Hancock, Prudential, MetLife, GE (Genworth), etc.. The price from the broker will be the same as anywhere else. Call a long-term-care-insurance-broker.com as a ltc broker can help you get quotes from the top carriers like John Hancock, Prudential, MetLife, GE (Genworth), etc.. The price from the broker will be the same as anywhere else.

]]> Comment on How do I get a quote for Long Term Care Insurance? by Bryan http://eestateplan.com/how-do-i-get-a-quote-for-long-term-care-insurance.html/comment-page-1/#comment-5814 Bryan Wed, 22 Feb 2012 01:19:19 +0000 http://eestateplan.com/how-do-i-get-a-quote-for-long-term-care-insurance.html#comment-5814 Contact a local broker. They'll be able to answer any details about the plans, which can be very confusing, especially if you live in a partnership state. If you don't know what that is, then it's more of a reason to contact a broker. They can even work out discounts for you depending on what company they represent, and they won't cost you anything to apply for the coverage through them. Contact a local broker. They’ll be able to answer any details about the plans, which can be very confusing, especially if you live in a partnership state. If you don’t know what that is, then it’s more of a reason to contact a broker. They can even work out discounts for you depending on what company they represent, and they won’t cost you anything to apply for the coverage through them.

]]> Comment on What documents do I need to form an LLC beside articles of organization? by cainvest1 http://eestateplan.com/what-documents-do-i-need-to-form-an-llc-beside-articles-of-organization.html/comment-page-1/#comment-5811 cainvest1 Tue, 21 Feb 2012 05:42:50 +0000 http://eestateplan.com/what-documents-do-i-need-to-form-an-llc-beside-articles-of-organization.html#comment-5811 Depends on the state you are incorporating in. Contact the Secretary of State or Department of Corporations in your state to find out all the requirements. Depends on the state you are incorporating in. Contact the Secretary of State or Department of Corporations in your state to find out all the requirements.

]]> Comment on William “Bill” Bronchick – All About Notarizing Your Documents by juniorboy81 http://eestateplan.com/william-bill-bronchick-all-about-notarizing-your-documents.html/comment-page-1/#comment-5809 juniorboy81 Mon, 20 Feb 2012 16:40:36 +0000 http://eestateplan.com/william-bill-bronchick-all-about-notarizing-your-documents.html#comment-5809 liohhfgnkkkkkkjjnhhkllkklllkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk liohhfgnkkkkkkjjnhhkllkklllkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk

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