Dannyga 0 Report post Posted February 9, 2003 what exactly do I need to check out (due diligence) when I have found a possible deal? thanks again Share this post Link to post Share on other sites
Jonathan RexfordFL 8 Report post Posted February 9, 2003 Don't know if you can get any of the information below but its a pretty good check list. Copy of Recorded Warranty Deed showing in what name title is currently vested. Details of Loan on the property (So that you may verify the loan status, MORTGAGE COMPANY NAME. ADDRESS, PHONE NUMBER,LOAN NUMBER, SELLERS SOCIAL SECURITY NUMBER, SELLERS BIRTH DATE, SELLER'S MAILING ADDRESS Any Plats or Surveys of the property Any tax records or bills showing the Parcel I.D. number so that you can verify property tax amounts and whether they are current Name of Insurance Company NAME AND TELEPHONE NUMBER OF AGENT COPY OF CURRENT INSURANCE POLICY BILL OR OTHER DOCUMENT SHOWING COST OF INSURANCE It’s sometimes helpful to review the closing statement from when they purchased to verify what they paid and when they purchased the property. ALWAYS CHECK TITLE WITH A TITLE AGENT. Share this post Link to post Share on other sites