Profile picture for user2557903

How do I buy a house from an individual that owns a property?

How would i know he owns the property outright and if not what needs to be done?
  • May 21 2013 - Fells Point
  • 0
    0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

Answers (6)

If you can try to find title company that can assist you with all legal questions... Make sure you prepare contract offer with all continencies... As inspection, appraisal, financing... Make sure your find solution for escrow deposit money. Try to find any local realtor that might be offer you flat fee service. With respect
  • June 11 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Be careful with how the contract is written if you are not using a Realtor to write the contract, you need to know what time frames are running, who will pay for inspections, title work, legal fees, etc. I would NEVER purchase a property without using a good Real Estate Attorney and/or title company. With distressed properties, you should also make sure bankruptcy and tax liens are checked.
  • May 21 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for user2557903
Its listed on Zillow as "Make me Move" so i believe its FBSO.
  • May 21 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Heck, a really good loan officer would meet you at John Stephens!

Jim
  • May 21 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Find a good title/escrow company and initiate an "official" title search. Then decide if you wish to use an agent or go it alone. If you do not feel comfortable, I suggest strongly either an agent or a good real estate attorney.
If you are going to use a mortgage for purchasing, your loan officer can help you find good folks in your area.

Best wishes, Jim
  • May 21 2013
  • 1Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

A check of the property records would show the owner. Some areas have this online, others don't. Is it for sale? Listed? FSBO? You can contact a local Realtor who knows what to do. You can hire a lawyer. Just do not send money to someone online or in another state and certainly not in another country no matter what they tell you. use the common sense you have. A sales transaction requires no money out of your pocket until there is a signed contract, and then just things like appraisal or inspections.
  • May 21 2013
  • 1Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.