Upcoming resolution education with Reliable Lien Search, here’s a preview, stay tuned for many live classes throughout South Florida IN JANUARY 2020.
Transcript
When we go over municipal lien searches, what can happen if you don’t get a municipal lien search, I think we already discussed that you lose the deal, you lose the transaction, you end up spending more money than you would have in the long run because you’re in a rush to close these things. And normally, if you’re reactive, what happens is you end up doing things, making decisions you wouldn’t have made wanted to make otherwise we’re spending more money to fix this electrical problem and a house. You know, particularly we talked about re occupancy inspections earlier in the presentation like in Miami Dade. What if I can correct an electrical violation with a licensed electrician rather than having the city come out, you have to pull a permit, wait for them, and then you’re looking at a huge costs. So we want to correct these deficiencies, the right way to protect the public to protect The seller to protect the transaction and make sure things are going well. This is an example of a reliable lien search that was done in Miami Gardens. Keep in mind, this property was a commercial. They had code enforcement violations, open permits. They also have under miscellaneous. There’s, again, this lien search company, they encompass everything and they’re very thorough, and they don’t miss everything and they’re here to support agents. They’re here to support property owners. They’re here to support title companies. It’s very important that you pull your municipal lien search and you pull it with a reliable company, or MLS or reliable lien search is phenomenal. And they encapsulate not only does the report look very pretty and organized and it’s easy to read. They’re very thorough a lot of the a lot of doing a lien search revolves around time. Reporting From the city, organizing data getting things done. So this lien search not only tells you my contact Miami Gardens, contact Public Works, contact Miami Dade code enforcement. It focuses on the actual violations. And while I’m working with reliable, we focus on giving you solutions. You guys were used to just getting Hey, I’m getting a problem here title company gives you your own, you know, a lien search, you have a problem. So we’re here not only to identify the problem or the deficiency, we’re here to give you a resolution or a solution.
So this is a property appraiser page from Miami Dade County. You see it addresses square footage, number of units, you go further into the property appraiser. It goes into different business license that were issued to the property within the zoning that it’s in. Very important. Some of the tenants of might not have local business tax receipts, they might have done illegal build outs. It’s very important to know these things. It’s very important some sellers do, some sellers don’t. And some of the tenants do things behind the sellers back, especially when we’re putting a property up for sale. We want to know if these deficiencies exist, so they don’t cause us a problem. prior to closing. This is a Miami Dade County letter that goes over special taxing district. A lot of lien search companies, they don’t even include this letter. If you’re in a special taxing district, they might not even know to ask, they might not give enough time to get the information. But this is very important for the sale and his title companies and underwriters have gotten, you know, a lot of problems. It’s because they’re not using reliable lien search companies. And what I mean by that is they’re not addressing all of the situation. This. This is also in