What is a quiet title action?
Quiet title action can be done in all 50 states. Sometimes there are deeds that have been transferred but contain mistakes or errors that exist on public records that need to be resolved. However, in some cases, the person who can settle that issue is not reachable or in the worst-case scenario is already deceased
Watch this video now and learn from Lou the best possible way on how to process a quiet title action when situations like this one come your way.
If you are JUST getting started in real estate investing, you NEED to attend my ONE-DAY virtual training. I teach it LIVE over ZOOM, and it’s only $1 (yes, one dollar) for SIX HOURS of solid how-to training! https://www.wealthbuilderworkshop.online
If you’re ready for a more in-depth experience, then you owe it to yourself to investigate my THREE- DAY Millionaire Jumpstart Event. I host it four times a year in various locations, and you can attend LIVE and in person. I’m your coach all three days. Find out more at https://millionairejumpstart.com/
You’ll discover how to start investing in real estate (or do it easier and more profitably) at either Wealth Builder Workshop or Millionaire Jumpstart.
Here is an overview of my proven and practical approach to investing in real estate.
* Money Making Secret #1: Getting Motivated Sellers to Call You! No more calling unmotivated sellers and getting rejected more times than a geek for the high school prom!
I’ll show you how for over 28 years, I’ve been able to get deals brought to me and motivated sellers hunting me down to give me their house.
* Money Making Secret #2: The Art of Structuring Deals! I’ve been doing this for 40 years and I love to share how I get sellers to give me the house, a check, and even a jet ski or two.
* Money Making Secret #3: Negotiating Secrets Revealed! I love to negotiate, just ask Matt, one of my hand-picked coaches. We recently went to an estate sale and he witnessed me structuring a deal to buy the house and contents right there on the spot.
* Money Making Secret #4: Trusts Simplified! A little confused on this entire Trust thing? Why to do it? How to do “Subject-To” safely? I’m going to show you my new fundamentals of Trusts training that will simplify the concept of Trusts, so a 9-year-old child can understand it.
* Money Making Secret #5: Develop a Plan for Success in Real Estate. The wealthiest man ever to walk the earth left clues for us on how he amassed his great wealth and kept it.
Create Your 10 Million Dollar Retirement Plan – specific formula revealed
Learn Hidden Profits Available in ANY Deal – worth thousand$
How to Take Over the Seller’s Loan with NO Money
How to Have the Seller PAY YOU to Buy Their Home – no kidding!
Buying Without Bank Loans – over forty years and never one bank loan!!
Easy Ways to LEGALLY Raise Big Money for Your Deals Renovations
Quick Ways to Safely Make Huge Cash Now
Money-Making Management Secrets from a 40 year veteran who manages over 150 now
Accelerating Your Cash Flow – Add built-in “Profit Centers” – extra hundred$ per month
Case Studies: Secrets of How They Were Found, Negotiated and Sold
How to Protect Your Deal from Someone Else Stealing it
Legally Pay ZERO Taxes on Your Real Estate Portfolio – simple structure worth thousands
Having Tenants Leave Your Property in Better Condition than When You Gave It to Them
Why Land and Personal Property Trusts are the Best Privacy and Asset Protection
Benefits of Trusts You Cannot Get With ANY Other Entity
The Due-on-Sale Clause – What it is and How to Avoid it Legally And MUCH More
Need help deciding which power-packed “one-of-a-kind” training on making money in real estate investing is best for you!
Call 1-800-578-8580 or visit us online at https://www.streetsmartinvestor.com
Listen to our Podcast:
Scott Paton:
Lou, we had a question from one of our viewers and the question was from Eric Bonner. “What would it cost to quiet a title in Georgia?”
Lou Brown:
Well, a quiet title action. First of all, what is a quiet title action? Many of you have probably never heard of a quiet title action. Well, it can be done in all 50 states. And what it is, is that sometimes deeds are transferred and there’s mistakes. There’s errors that exist on public record that have to be resolved. However, someone may have died that could resolve that issue. There could have been a transfer earlier at another time and the people are not findable. How do you resolve that issue? While it does involve the courts, it does involve being able to connect the dots in what’s called the “chain of title.” And this is about the only thing that you can do to band-aid a mistake, a break in the chain of title. And that is what’s called a “quiet title action.” So a quiet title action can be somewhat expensive depending on the state that you’re in because it does involve the courts.
It often involves attorneys, although it’s not a requirement that you get an attorney for it, it’s just a matter of “here are the issues and here’s what we are asking the court to do.” And provided that you’ve done the steps that are required in your state, then the court can go forward with that quiet title action. So again, you could do that yourself, or you want to try to find someone who specializes in quiet title actions. Now there’s not many of them and you may have to look long and hard, which is a reason that they’re often expensive because it’s kind of a specialist-type thing. Like just think about a doctor and them having a specialty. So this is another example of what can happen is that it can cost anywhere from say $1,500 to $5,000 to do a quiet title action, just depending on whom you get to do that and the complexity of the problem that you’re trying to resolve. Great question, Eric.
No comments:
Post a Comment