Our BackTaxLists site Takes Over this space

Jack Butala: Our BackTaxLists site Takes Over this space. Leave us your feedback for this podcast on iTunes and get the free ebook at landacademy.com, you don't even have to read it. Thanks for listening.

Jack Butala:                            Jack Butala with Jill Dewitt.

Jill DeWit:                               Hi.

Jack Butala:                            Welcome to our show today. In this episode, Jill and I talk about our new site, backtaxlists.com and how it's going to take over the real estate or the space on the Internet, where there is exactly two competitors and one of them is actually out of business. Before we really get into it, though, let's take a question posted by one of our members on landacademy.com online community. It's free.

Jill DeWit:                               Thank you. Joshua asked, "When I received a deed in the mail with a property I'm buying, I sent it to the county with the recording fee. A couple of weeks later I received the deed back with a receipt for the fee. However, when I contacted the county the other day, they told me that the property wasn't actually recorded in my name. It turns out that because of the timing, tax season, they had a hold on making any changes on the deed. So I guess I'm looking for a little advice in how to handle this. Does this mean I just have to sit on this property until their hold is over and they will record the deed?"

Jack Butala:                            I wish I had better news, Joshua, and I wish this didn't happen in real life, but this a real life question, pretty much PhD level stuff here. Here's the deal. The whole key to recording property at the county is to get what's called a book and a page number. Counties do it all different. Sometimes you can do it online, like in Maricopa County, which is where Phoenix and Scottsdale are. You can literally just go do it right online and get the book and the page immediately. Then, it is recorded, so forget about what's on the actual document or what's stamped, or sometimes there are stickers. Sometimes there's a bar code. If you have a book and page that is unique to each recording, you're done.

What you're talking about here is probably a relatively rural county and, yeah, sometimes they hold recording,for a lot of reasons. The most common reason that I've seen is that there's only one person that knows how to do it and they only work two days a week, or they went on vacation, which is probably really what's going on here. They're just too busy or that person got pulled off to do something else in the county that was really necessary, like there was a forest fire or something crazy. That happens. This stuff really happens.

Jill DeWit:                               It does.

Jack Butala:                            That's really what's going on. It does not mean that you have to sit around and wait to sell the property. If the buyer checks up on it and they find out exactly what you found out, just explain the story. Explain it just like I did. Tell them the truth and, no, you don't have to wait. You can send the deed in with a sticky note on it that says, hey ...

Jill DeWit:                               You already have one.

Jack Butala:                            As a buyer, I sent this deed in and now I'm the seller, so please find that other deed. I don't know if it's recorded yet, but they go together.

Jill DeWit:                               Yeah, exactly. That one's going to be ...

Jack Butala:                            Jill does this all the time.

Jill DeWit:                               That's just going to happen, by the way. These are all date and time stamped when they get them, so they are going to be recorded in order so that you don't ...

Jack Butala:                            It's a really good question.

Jill DeWit:                               Whenever their backup is caught up,