What is the name of your state? Florida
I have been speculating in land for a couple of years now and own Warranty Deeds to 4 lots of various acreages in both New Mexico and AZ, all from seemingly reputable Sellers. What I wanted to find out is how if possible, can I try and obtain title or insurance on these properties. It also seems there is much controversy about the real worth of these parcels especially now since we are all in a RE downturn market. My parcels are in Valencia County and Taos for New Mexico and a couple of parcels I have in AZ near the Grand Canyon. Yes, they are all "scrub-brush" now but who is to say that 10-20 years from now, more development would push prices up? It's inevitable with the US having some 300 Million Citizens...everyone needs a place to live, right?
I'm a "bottom fisher" and truly believe this is the best time to gobble up some cheap land, more even if can be afforded. I want to find out though some prudent legal advice whether this is the smart thing to do or whether I just stick to the stock market or something else.
Please email me with good helpful advice at: stevengara1@yahoo.com
Thanks in advance,
Steve
I have been speculating in land for a couple of years now and own Warranty Deeds to 4 lots of various acreages in both New Mexico and AZ, all from seemingly reputable Sellers. What I wanted to find out is how if possible, can I try and obtain title or insurance on these properties. It also seems there is much controversy about the real worth of these parcels especially now since we are all in a RE downturn market. My parcels are in Valencia County and Taos for New Mexico and a couple of parcels I have in AZ near the Grand Canyon. Yes, they are all "scrub-brush" now but who is to say that 10-20 years from now, more development would push prices up? It's inevitable with the US having some 300 Million Citizens...everyone needs a place to live, right?

I'm a "bottom fisher" and truly believe this is the best time to gobble up some cheap land, more even if can be afforded. I want to find out though some prudent legal advice whether this is the smart thing to do or whether I just stick to the stock market or something else.
Please email me with good helpful advice at: stevengara1@yahoo.com
Thanks in advance,
Steve