Hi I am new to the forum, but I hope someone has an answer to my questions. My husband and I bought some land in Fairfield , AR. By the way it is beautiful there, we live in California. I bought it on eBay, and you don't have to tell me that was dumb. I realize that now. They are starting to develop that area and someone offered to buy it. We have 2 lots so we decided to sell one.
Today we heard from the title company (in Arkansas),that a title derived from a tax deed does not result in title which is good and marketable. Apparently the people who bought the property from the State of Arkansas did so through a sale of real property taxes. They then sold it to us. Sun Properties (in Los Angeles), did what I thought was a title search and sent us a warranty deed after it was recorded in Van Buren County. The Arkansas attorney they (title company in AR), referred us to said we could do a quit-claim deed, but we would have to find out who was on the deed before us, or do a "Quite Title" action through him. Can I do the quiet title action myself? We were told there were no liens against the property. We did pay some back taxes which was a small amount. Bottom line a warranty deed is not enough?
Sorry this was so lengthy I hope someone can advise.
Thank you, Freida C