- Hey everybody, how's it going?
This is Seth from REtipster.com.
In this video I just wanna show ya my first experience here,
working with this website called ProTitleUSA.
Now ProTitleUSA,
I think they do a handful of different things,
but the reason I'm using them
is because I'm trying to order a title search
on a property that I'm buying.
And there's definitely other cheaper ways
to get this information,
like you can find a local abstractor.
Sometimes you can even go to the county website itself
and order these documents.
Or sometimes you can even order this stuff
through a service like DataTree
if they have this documentation available.
But with ProTitleUSA, the idea here
is that you give them the parcel number
or address and then the city and state
or the zip code of the property that you're looking at.
And once you order it up
they kinda do all the work for ya.
They'll go out and handpick all the documents,
make sure you have everything,
they'll actually show ya those documents
and they'll give you a summary
of what those documents say.
So it's pretty easy to understand
if there's any title issues and what's goin' on.
So if this is like you're first time
ever doing a title search
and you want somebody
to really kinda put all the pieces together for ya,
this is one of those services
that will make it a lot easier.
So, I'm gonna go ahead, all you gotta do
if you're getting it started is
in my case I'm going to put in the parcel number
of the property and the zip code.
And the reason I'm doin' the zip code
rather than the city and state
is because this particular property
is way out in the middle of nowhere
and there is no incorporated city associated
with this property.
So really that zip code is all I have.
And I'm gonna choose the 30 year search.
We'll go ahead and click here to see the price.
Now as you can see here the price is $250.00.
I think the reason that price is showing
is probably because this property is in a county
where the information is gonna take a little bit more work
for them to pull all the documents together.
I have seen this price down at like $195.00
with other properties.
So just keep in mind, depending on the property
that you may need a title search for
the price is not necessarily gonna be $250.00.
So we go to County here, I'll put in the county name
because I do have that.
And Potential Owner I know who the owner is
so I'll put that in there too.
Parcel number, I already put that in there
but I'll put in there again.
I notice up here, it's referencing the parcel number
as the street.
That's actually not correct
so hopefully this will clarify that
in case there's any confusion
and go ahead and click Continue.
And I'll just put in my information
and my credit card digits
and go on to the next step.
Alright, and then we've got the summary
of all the information I've put in here.
We'll go ahead and click Purchase.
And there we go.
This is my Order Invoice.
In the past, it's not uncommon for me
to find abstractors who can do all this stuff
for like under $100.00.
So it doesn't have to be this expensive
however the thing that ProTitleUSA brings to the table,
and again this is my first time ever using them,
so I guess we'll see how it turns out,
but I think their main selling proposition
is that I don't have to go out
and try to track down an abstractor
somewhere in the county,
which I may or may not be successful at doing.
I can save a lot of time.
And it just kinda takes a lot of these speed bumps
out of the process
and makes it a little bit more streamline
and easier to do.
So with that said, I believe it says
there is an 8-to-72 hour turnaround time here.
So what I'm gonna do is I'm gonna stop this video
and then I'm gonna pick it back up
once I have the report.
You can see what it looks like
just so you understand what kind of product
or results you can expect to get
if you ever decide to use ProTitleUSA.
Okay, so I'm back.
I just basically cut out about a week-long period of time
when I was waiting for this 30 year title search
to be completed.
I guess that's one important thing for me to note
is it said on their website
it's like an 8-to-72 hour turnaround time.
In my case, it took eight days.
I actually emailed them to say,
hey, it's been well overdue for a few days now,
can I get an update on this?
'Cause I was just waitin' and waitin'
and didn't hear anything.
And they had said,
we're waiting for the archived, older deed to come in.
We can send now with that deed to follow
or hold until received.
Please advise.
So it looks like they were probably able
to get most of the job done
but they were just waiting for the county to hurry up
and give them something
and that's what caused the hold up.
But, they could've told me that
without me having to reach out and ask.
And, you know I actually did end up getting back
to my seller a little bit late
because I was waiting for them to finish up their stuff.
In the end, not the end of the world,
but it's just something to be aware of.
It may not necessarily be less than 72 hours.
I'm guessing it must be most of the time
or they wouldn't say that.
But it's not like a guarantee
'cause that's not what happened in my case.
So, with that gripe out of the way,
I'll just open up the report that I got
so you can see what it looks like.
And here ya have it.
So it looks like this first page is a summary
of the chain of title.
Who currently owns it, who the previous owners were,
when the deed transfers happened in the past
and the second page is property tax status,
property tax assessment.
Nothing I can't already get for free
from the county records.
But this first information here,
this I could probably get from something like AgentPro247,
or DataTree, or maybe even the county records as well,
I'm not sure.
I hadn't actually looked that closely
at how this county works.
Essentially the real value here
is coming from just a really quick summary
of what's going on with the chain of title
and it also says very clearly
no open mortgages found,
no active judgements or liens found.
And I will say,
whenever I just order an abstract of title on my own,
and the abstractor just gives me a bunch of documents,
they don't really say that.
I have to look through it myself
and verify that information.
And really just understand what those documents are
and what I'm looking at.
But I guess that's one nice thing about ProTitleUSA
is they just flat out tell ya
they didn't find that stuff.
So that's pretty nice.
Now if we move on to the third page,
we see more of just summary of the property information,
what the taxes are each year,
again stuff that is usually fairly easy to find
for free online.
Fourth page gives us little bit more
of this taxing jurisdiction information.
Looks like it gives us a little bit more information
on the deed and sales history down here.
If we keep scrollin' down,
and this is actual copies of the recorded deeds.
And this is particularly helpful
because beyond just relying on the summary
that they give you up here,
you can actually see the specific wording
of what the deed said.
Which can actually be really, really helpful
because sometimes you'll find weird stuff
in these deeds
where it's like I'm gonna transfer you part of the ownership
but I'm not going to transfer the mineral rights to you.
I'm gonna hold those back.
Or they might put some other odd ball deed restrictions
in the deed as they transfer it.
Where the only way to really know that
is to see the actual copy of the deed.
And also it'll show you very clearly
at what the legal description was that they used.
And for that matter, I think this is helpful
because when I now go and create the deed
for this seller to sign and send to me,
I can reference a lot of this stuff
exactly like it was written on the previous deed.
Just for consistency sake.
And I can also see the deed prior to that as well
which is also included here.
And what you're lookin' at here
is not the deed that my seller received
back when they bought the property
but it's the deed from the transaction prior to that
when their seller got the property.
So it just gives ya a lot more history
as to what's goin' on.
You'll also notice that this deed
way back then in 1992,
'cause this again is pullin' up all the deeds
for the past 30 years,
this deed was a quit-claim deed
which for some title companies
that can actually create an issue
because they just don't like seeing quit-claim deeds
because a quit-claim deed is a very, very loose type of deed
where the seller is not giving any warranties
about ownership.
I mean, they may not even own the property at all.
Like, it's that loose.
So if there is an actual quit-claim deed
in the chain of title,
it's pretty good to know about that
just because this can create potential issues.
And it may even be smart for me to look even further
in the chain of title
to find out if there's any particular reason
why this seller chose to transfer a quit-claim deed
instead of a warranty deed.
In a lot of cases, you would actually be pretty prudent
to do that research and understand why that's happening.
And I may do that.
In my case though, I'm buying this property for $500.00.
And as you can see here from this summary page
look at the total assessed value.
And I'm pay 500 bucks for it.
So given that I'm clearly getting a steal of a deal here
I'm not gonna make the seller bend over backwards
or do anything crazy for me.
I'm gonna handle all that work on my own.
But again, just to show ya what you can expect to see
when you order this kind of thing from ProTitleUSA.
This is literally the exact thing I got.
As you'll notice I blurred out a lot of stuff
just to protect the privacy
of the various parties involved here.
But, yeah.
That's what this product looks like.
And it definitely saved me a lot of time
from having to go and dig up this stuff myself.
So, here I go.
That's that.
If you wanna check out ProTitleUSA,
I'll have a link to them beneath this video.
I do not have any affiliated financial relationship
with ProTitleUSA.
They don't even know I'm doin' this.
They're not payin' me to tell ya about them.
I just want to show you my experience
on what it was like to work with them.
So, hopefully that's helpful to ya.
And I wish ya all the best on your next deal.