This document outlines 5 common pitfalls of purchasing investment properties and recommends obtaining a property title report beforehand. Specifically, it warns that without a title report, buyers risk losing time and money if there are undisclosed property tax liens, judgments, family claims, or historical issues on a property. A title report reveals these potential issues ahead of time so buyers can make informed decisions to avoid surprises that cut into profits.

1. http://www.nwtc.com/ntclink/PropertyReports/PropertyReportsOnline/CurrentOwnerReport.aspx
http://www.nwtc.com/ntclink/PropertyReports/PropertyReportsOnline/CurrentOwnerReport.aspx
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5 Most Common Pitfalls
with Purchasing
Investment Properties
Find out if there are any
unexpected property tax
liens or other encumbrances
that can turn your
investment property into lost
time and money.
Know before you purchase
property if there are any
outstanding judgments or liens.
Determine ahead of time if
there are any lingering family law
or marital claims to the property
you are considering.
Uncover any historical issues or
claims that can surprise you.
Detect any unforeseen issues
ahead of time that could eat
into your profits.
...but online info only goes back 20 years
Ordering a property title report before you
purchase an investment property can
prevent these common issues.
Click here to learn more!
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