Tax sales occur when the county forecloses on a home and auctions the property off, usually on the county courthouse steps on the first Tuesday of every month. Tax sales offer a major opportunity for investors, but they also come with a fair amount of risk. The title is not always clear, the property may have other outstanding liens, and you may not have a chance to do an inspection before making a purchase at auction.
That’s where PureTitle comes in. We offer comprehensive tax sale services in Georgia, from title review services to tax sale insurance. Whether you’re an investor looking to buy a property or an attorney representing a purchaser, PureTitle helps protect tax sale investments.
PureTitle’s Full-Service Tax Sale Package
Tax deed sales involve the selling of properties with delinquent taxes, which often include interest and penalties. The highest bidder can purchase the tax-forfeited property by agreeing to pay the minimum bid price plus the cost of any outstanding tax bills.
In Georgia, statutory requirements control the entire tax sale process from start to finish. That’s why it makes sense to trust the tax sale experts at PureTitle. With our localized and specialized knowledge, we help protect your investment while complying with both Georgia state law and the underwriting guidelines of the US National Title Insurance Company.
Georgia Title Review Services
If you’ve purchased a property at a tax sale, any issue with the title could put you in serious financial danger. In Georgia, for example, some counties sell properties in which the homeowner is deceased. However, state law actually prohibits such sales. Furthermore, tax deeds that misidentify the proper owner or contain an inaccurate property description are also void in Georgia.
Before you make a purchase or a sale, let PureTitle protect your interest with our comprehensive title review services. Our title exams include the following:
- Checking for legal claims, unpaid taxes, and any incorrect information
- Looking for exceptions, such as workers’ compensation liens, unresolved building code violations, boundary issues, and tenants’ rights for continuing lease terms
- Verifying the chain of title
- Identifying all parties in conveyance deeds, purchase and sale agreements, and any ancillary documents
- Performing title grading based on the property report
- Searching for any bankruptcies
- Looking for property easements
- Describing judgments, liens, taxes, mortgages, and deeds
- Finding restrictive covenants, right of first refusals, and undisclosed or unknown agreements
Georgia Tax Certificate Insurance Services
During closing procedures on a property, information that can threaten your investment sometimes slips through the cracks. A tax certificate title insurance policy helps safeguard your property and your title from potential financial issues in the future. Title insurance protects both buyers and lenders from losses arising from title problems like unpaid taxes, liens, and conflicting wills.
In some cases, title defects can make a property uninsurable until they’re resolved. As part of our title review services, our team at PureTitle thoroughly explains the title commitment report to you, makes sure the property is insurable, and helps you purchase a policy for it. If we identify any title problems that could prevent you from securing insurance, we’ll work with the underwriters and carriers to fix them.
Georgia Tax Adjudication Insurance Services
The tax adjudication process involves several phases: reviewing a claim from a provider, validating the accuracy of that claim, and approving or denying the claim. PureTitle’s tax sale services in Georgia will help you every step of the way. As your adjudication support team, we will do the following:
- Evaluate the specifics of your situation
- Provide pertinent background knowledge
- Submit claims
- Perform extensive research and information verification
- Help with post-adjudication and claim reviews
- Assist with the appeals process if your claim is denied
PureTitle: Your Georgia Tax Sale Experts
Title reviews and tax sale insurance mitigate the risks that come with purchasing a tax-forfeited property. Call the title experts at PureTitle at (504) 300-0520 to learn more about our comprehensive tax sale services in Georgia.
