Note MBA

072: How A Title Report Can Help You Avoid Getting Bitten When Buying Notes


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This week we are bringing you an interview with title report expert Alex Goldovsky, the CEO of ProTitleUSA.

He has been in the title search business for over 15 years and works with some of the biggest names in the industry in an effort to meet the needs of the current market. Alex has a master’s degree in engineering, which has helped in the development of the automated processes that have made ProTitle so successful.

Following the sell-off of his real estate portfolio in 2007 before the crash Alex was put together with a group of individuals with comparable skills and the group put together what is now ProTitle, allowing him to leave a 15-year career in technology.

The timing of Alex’ selloff was more in line with the nature of the properties he owned; dealing with the troubles of land lording over drug dealers in low-income properties added up to enough of a mental headache and physical threat now that he was a father to keep going in this segment of the marketplace.

About fourteen minutes in we get to some of the meat of what ProTitle can do for the average note investor, kicking off with the importance of a title search before buying any non-performing mortgage as an asset.

Alex goes over a variety of topics from the proper position of a lien in a title report to the potential need to file a claim against a title policy when previous liens were released incorrectly or even when they have still not been released.

With all the information provided, we’ll be having Alex back on the show down the road to help us work through the remainder of the amazing list that he put together for us.

Check out www.protitleusa.com for your next title report order, and if you have any questions, don’t hesitate to call in and ask for Alex if you want an extra set of eyes to walk you through the report.

If you have any questions for us or comments send them our way at [email protected].

Listen to this week’s show and learn:
  • How The Top Title Search Company Started
  • Why You Should Use Title Search For Your Note Deals
  • Use Your Title Reports To Verify Lien Priority
  • What Breaks In The Assignment Chain Means And How To Fix It
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    • Thanks for listening to our show! We’ll be back next Wednesday morning.

      Cheers,

      Chase & Robby

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      Note MBABy Chase Thompson & Robert Woods | Note Investing | Real Estate Investing | Li