I called my title company today and they are charging a hundred bucks to give me a report with the owners name and other good info, but a hundred bucks? I was thinking this info should be available free of charge or at least a lot less than a hundred bucks!? How much do you spend on your title reports?
Evidently, the title company doesn’t know you’re in the business, or that you’re not gonna be paying for any policies anytime soon. They make their money by selling title insurance, and if you’re not gonna be buying any title insurance, you’re not gonna be getting free title reports.
Otherwise, a full report costs the title company money to produce, and/or it’s a standard profit center for the company. Mine charges newbies and ‘one-offs’ a hundred bucks. They charge me 00.
Wow, if I had to pay a 100 buks for each Title Report I wud be a million dollars in the hole.
I’ve used a local Title company to run my address for a few years now. I have only did one deal with them.
Sometimes I send them 40 names a day. They are organized, efficient and fast.
Every once in a while the management emails or calls and wants to know who I am and my business name.
So, What do I do? I lie a little. My name is Rando, I am a Real Estate Investor. I am the owner of Valley Home Buyers.
My partners and I have done multiple deals with your company and we wish to continue doing so. Back in the Saddle.
I’ve recommended this Title company to my buyers but they have their own favorites…
I have become friends with the girls at their Title Companies. They will run my Title reports also but it can take forever.
I suggest you lie your ass off, well, at first, and chances are your buyers (partners) really have done multiple deals thru them.
Fake it till you make it.
Rando
Thanks guys, that’s what I thought. A hundred bucks get out a here with that. I’ll make sure not to pay for them. I will let them know that my partners and I have done multiple deals with them.
Randy LOL 40 a day I love it! Great advice…
What do you say to the Title Company Rando? I have an address and I would like the owners contact info? I said that and they told me they can’t give out that info…I am doing it wrong, I suppose.
I believe you can get that info from the tax records. if you have to, But In my city ther must be 50 Title companies.
You may need to develop a relationship with the Title officers.
My method is, I get the Title girls name and email address. Send this email. Hi Ashley, Please get me info on this property. 567 Crack head lane Crackertown CA
Reply, Hi mr so & so, who the blankity blank are you? Hi Ashley, My name is Rando, I am a Real Estate Investor & the owner of Valley Home Buyers. My partners and I have done several transactions thru your title company and we want to continue doing so.
Thank you, Rando