Outsourcing Land Acquisitions and Sales
Jack Butala: Outsourcing Land Acquisitions and Sales. Every Single month we give away a property for free. It's super simple to qualify. Two simple steps. Leave us your feedback for this podcast on iTunes and number two, 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: Hello.
Jack Butala: Welcome to our show. In this episode, Jill and I talk about outsourcing land acquisitions and sales. Should you do it? Great show today as always. Jill, let's take a question before we get into it, posted by one of our members, on successplant.com, our free online community.
Jill DeWit: Luke wrote, this is from a few weeks ago, but I loved it. Someone put it in here. Luck asked, dealing are flying.
Jack Butala: Deals are flying.
Jill DeWit: This is hilarious. Deals are flying. Used the same deed a couple of times that day and one of the times I did not change the grant due deadline. Changed everything else. The buyer got the recorded deed recording the land to a different buyer. I feel so stupid. It's hilarious.
Jack Butala: One of our start performers in Land Academy.
Jill DeWit: Guess I can get the other buyer to date it to the right person but what about tax and other consequences? Is there an easier way to fix up a goofed up recording?
Jack Butala: I wish I could say I've never did this. Mistakes happen in deeds and they get recorded and there's two solutions. Both involve picking up the phone and calling the recorder. If you're super nice to them and you send them cookies like we always suggest and once in a while they will answer the question for you, or you can either do a, certain counties in Arizona allow for a corrective deed and it says that's the title of the document, correct deed, which I'm not a big fan of. Or you can do exactly what Luke just suggested, just send in another deed, conveying the thing from buyer to seller. It's pretty simple stuff, aside from the fact that it takes a little bit of work. Not really, and maybe cost ten or twelve or five dollars for the recording fees, it's really no big deal.
Jill DeWit: I think what he did was the first one. I read that and he said the recorder was really nice and really helped them and I did do a corrective deed, and fixed the problem right with them and it was really easy and he did say, should I send them something? Heck yeah. Send them something.
Jack Butala: Send them cookies.
Jill DeWit: Then one of our other people weighed in and it confirmed what you just said and we always say, these relationships are a big deal. You want to be that person and be in with the county.
Jack Butala: If it's a smaller county they'll undo it. They'll say, wait, that never got recorded and they'll do it the right way.
Jill DeWit: I've had that. I've had them say, you know what, I'm going to put it on my desk. It's on the side of my desk. I'll wait for you to send me the new one and then I'll just get rid of this one or I'll mail it back to you or whatever. I'm like, you're awesome. Thank you.
Jack Butala: Here's my impression of a typical conversation between Jill and a rural county recorder.
Jill DeWit: Here we go.
Jack Butala: Ready?
Jill DeWit: Yeah.
Jack Butala: Hi, Janice. How are you? This is Jill DeWitt with Land Academy or Land Stay. What's new? Jill, we were just talking about you. How are you doing? Did you really move to California. Then it becomes an half hour ... and then I close the door to my office and an half hour or an hour later she comes out and says, yep, problem solved. Don't worry about it. In our cash flow from land program, in the actual program, I put in a bunch of actual recordings between Jill and county people.
Jill DeWit: Some sellers. It's funny.
Jack Butala: I still laugh at that stuff. Yeah, sellers and notary people and the whole thing,