Episode 37: Title Reports and Exceptions

Real Estate Note Investing · Apr 30, 2026 · 5m · transcript

Most note investors know they need to check the property — but overlooking what else is attached to it can turn a good deal into a costly mistake. In this episode, we break down how to use a title report to surface every lien, judgment, and encumbrance before you close.

🔍 What you'll learn:

✅ What an ownership and encumbrance report is and why it costs a fraction of a full title search

✅ Why property taxes are the primary title risk for first lien holders and what tax deed status means for your position

✅ When to order title on a second lien — and which states have HOA super lien rules that…