Quiet title, what is it and what do I do with it?

Learn about the quiet title process, its importance for tax lien auction winners, and the role of counties in addressing title defects. Understand the costs, need for attorney expertise, and Ted's experiences. Explore the necessity of title insurance, alternative selling strategies, and the legalities involved, all aimed at maximizing profits in real estate. - GIFT: https://tedthomas.com/FREE

Video Highlights:
Quiet title is a lawsuit to settle property claims, but the process is handled by an attorney hired by the property owner.
🕒 The process typically takes 3 to 6 months and costs $3,000 to $5,000, potentially more if there are multiple claims to settle.
💼 Quiet title applies to all types of properties, including agricultural, commercial, and residential.
💰 Buyers at tax defaulted auctions will require a clear title, often through a quiet title action, before purchasing a property.
⚖️ Options for selling tax delinquent property without completing a quiet title include selling on contract with an installment plan.

Key Moments In This Episode:
0:00 - Intro to Quiet Title Importance
0:45 - Quiet Title Process and Parties
1:43 - Costs and Attorney Expertise
2:32 - Tax Lien Auction Winners' Needs
3:47 - County's Role in Title Defects
5:08 - Ted's Quiet Title Experiences
6:31 - Necessity for Title Insurance
7:29 - Alternative Selling Strategies
8:43 - Legal Aspects of Quiet Title
9:39 - Aiming for Big Money in Real Estate

Learn more about Ted Thomas:
Ted is an American Original - teaching people just like you for over 30 years how to buy houses in good neighborhoods for 30% to 50% of their market value. He teaches how you can sell properties fast for thousands in profit, and how you can ‘rinse and repeat’ this process over and over again - just like his students have - and make your financial dreams a reality.

Ted Thomas is America´s Tax Lien Certificate and Tax Deeds Authority. As an international speaker, Ted has dedicated himself to finding and teaching the best, and safest, investment strategies. He teaches how to create wealth with minimum risk with easy-to-learn methods. Ted’s strategies developed over decades of successful real estate investing can help everyone. From regular hard-working families to senior citizens, to young families and professionals.

Ted chose to teach Tax Lien Certificate and Tax Defaulted Property investing because it is Certain, Predictable, and Secure. He is a specialist in teaching Advanced Tax Lien Certificate and the Tax Defaulted Auction processes and concepts to investors and professionals. Industry insiders consider Ted Thomas to be America’s Tax Lien Certificate and Tax Deed Authority. In the past three decades, he has pioneered many new techniques and strategies for Investors and Professionals.

Before investing in tax lien certificates or tax deeds, it is important to seek professional advice from attorneys, financial advisors, and CPAs. Whenever earnings are shown, it should be noted that the earnings reported are likely to be higher than the average student may achieve. Tax-defaulted real estate carries risks, and there is no financial guarantee offered or implied.

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1005 - What Is Quiet Title - DUO with Randy