Copy & save text off an image to use again

[Ezz9]

What I want to do is save the red text from this and to place on a better photo I found. Then I can do the rest of the work to make it look new.

A lot of times the text I want to pull off is all the same color so if I can do it by color picking that would work for me, after all, picking the color highlights the text and I won't have to do all the drawing a line around it. 

The way I've been doing it now is to crop it as close as I can then fix all the things that are still with it. But there has to ba a better way than that. I would hope.

I've tried looking on the web but as soon as you write the word text & photo. You find everything under the sun about text, but what I'm looking to do. lol

[rich2005]

The best way is find the font used and replace that way. Next is careful tracing with the path tool but that takes a bit of practice.

There is rarely a general solution and there will be a few ways to accomplish.
Every image should be considered on its own merits.

For that particular image and assuming you want the text in the same place. Too many screenshots so not in-line

1. Isolate the text with a selection. You image is a tiny bit off horizontal so I used free select.
http://i.imgur.com/TFbu5Y0.jpg

2. Invert the selection Select -> Invert and fill with white. Kill the selection Select -> None
http://i.imgur.com/AicHCp0.jpg

3. For this image use Colors -> Components -> Channel mixer. Pull red to -200, green & blue +200, tick monochrome.
http://i.imgur.com/gCZBIOm.jpg

4. That gets black text on a white background, remove the white with Colors -> color-to-alpha (white is default)
http://i.imgur.com/ZzrBFPf.jpg

5. Lock the transparency with the alpha lock, top of the layers dialogue, bucket fill with whatever colour you want.
http://i.imgur.com/alc9Sq9.jpg

remember to turn the alpha lock off, when complete.