Dallas-Fort Worth Real Estate Investor Club

Title Companies providing leads?

  • 29 Dec 2012 4:26 PM
    Quote
    Message # 1168582
    Deleted user
    Does anyone have experience with title companies providing motivated seller leads, specifically, abandoned properties?
  • 30 Dec 2012 9:11 AM
    Quote
    Reply # 1168841 on 1168582
    Tim Cook

    Hi Barry,

    My experience has been NO they do not.  I've asked several different title companies over the years with no luck.  It may be a state issue but not sure.

    Happy New Year to everyone and your families.  Enjoy your time off with family and friends, recharge your batteries, set your goals for 2013 and be safe. 

    Tim Cook

    817-599-8058

    Last modified: 30 Dec 2012 11:23 AM | Robin Carriger (Administrator)
  • 30 Dec 2012 11:28 AM
    Quote
    Reply # 1168887 on 1168582
    Robin Carriger (Administrator)
    I've also heard stories over the years of title companies supposedly providing data investors can use to find motivated sellers, but, unfortunately, I've never been able to find a specific title company that provides anything of the kind.  That's why I developed my Motivated Seller Search program.
  • 30 Dec 2012 1:53 PM
    Quote
    Reply # 1168919 on 1168582
    Deleted user

    A source of motivated sellers is the code enforcement officer. You usually have to establish a relationship with them. One investor I worked with in south Fort Worth had the code enforcement officer giving him a list of problem homes in his area. In another unnamed city I had a friend in the code enforcement office calling me on homes she knew of that had very motivated sellers. So you might start getting friendly with the code enforcement officers in the areas you are interested in.
  • 30 Dec 2012 3:30 PM
    Quote
    Reply # 1168984 on 1168582
    Deleted user
    Getting in good with a code compliance officer - Great thought, Rick. Thanks. I've got just the fellow in mind too; he tagged my house last month for having garbage cans 'in full view of the street' (I have a carport). Apparently a young hotshot who just took over from his retiring colleague. Worth the fine if I make a friendship out of it. ;)

    Ironically, something title companies CAN provide if they would is a list of clouded titles that come their way. For those of us searching for judgment and tax liens, that would be a win-win relationship. 
Powered by Wild Apricot Membership Software