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Strategies & Market Trends : Waiting for the big Kahuna

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To: Lee Lichterman III who wrote (49946)1/12/2001 1:50:41 PM
From: hamsandwich  Read Replies (1) of 94695
 
OTOT

Lee,

I see that you already have had a few responses to your inquiry regarding title checks on property, but since I have a wee bit of experience in the area (I'm an attorney in Boise), I am gonna reply as well.

To check the title on a piece of property in Ada County, you should go to the City/County building in Boise (on Idaho St.). The two ladies in the office are fairly helpful and can walk you through the process. As you run your search, you should watch out for chain of title issues - try to make sure that the Seller to Buyer string has no gaps in it - on a rare occasion there can be alternate chains of title running, depending upon how the transaction was recorded. If you decided not to do the search yourself, First American Title in Boise is good, and will do a basic title search for $200-400. If you want them to do a search in anticipation of litigation, it runs in the $1000 range, depending on the details of the search.

You should also check as to your remedies (if any) should the title to the property be clouded.

Hope this helps.

ham
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