A Quiet Title Action Alternative

When you purchase a piece of property as an investment you have been most likely making plans to sell it for profit. The problem you may encounter after you make your purchase is that it will be quite some time before you will likely be able to resell it, especially if you use a quiet title action to prove that the land is yours.

It is important to have title insurance because it protects the future buyer from having a problem proving the property is their own and every mortgage lender requires it to protect their investment. It is not likely that you will be able to sell the property unless you can get title insurance. Getting this insurance requires that you prove that it is your property, usually through a judgment from the local court. Banks will also not accept your property as your own until you have proof.

The usual way to prove that a piece of property is actually yours is by going through a quiet title action. This process can take up to 12 months and can cost a great deal of money. This process will require you to hire an experienced real estate lawyer to help you navigate the courts and paperwork required.

If you are in a hurry to sell your property and recoup your investment, then you will need another way to prove that the property is yours. A title service company may be able to help you do this without the lengthy court process or the high cost of attorney and court's fees. There is a process called post foreclosure due process review. This process checks to make sure that everyone that could lay a claim on the property has been notified that the property has sold so that they will not try to claim the property as their own. The company will do this review and remedy any issues that might come up. The company will also use curative services. Once these areas are covered, the company will certify the property so that you can obtain title insurance and resell the property for maximum profit.

The property certification process will take much less time and cost much less money than a quiet title action in court. Make sure that you look into what the company is offering with the alternative process before committing to it. You need to be sure that it can provide you with what insurers and lenders require. If it is legitimate then it will be well worth the time and money saved by not going through with a quiet title action. You will also want to meet in person to discuss the services that the company has to offer. You should also talk to others who have purchased distressed properties and get their recommendation for title service work. By educating yourself, you will learn what services you require and if a title service company can save you time and expense.