Do I need a title company for this?

[Shawn Blake]

Looking to purchase land directly from a seller and they have assured me that they own the land outright and also advised me that I can confirm their ownership with the local county. However,  is it normal practice to hire a title company or purchase title insurance as a part of closing on a land purchase? How is this done?

Thanks!

[Guy Gimenez]

No, you don't need title insurance as long as you can afford to lose the amount invested without losing sleep. Otherwise, the answer is yes. Accepting someone at their word regarding ownership is the easiest way to lose your money. One of the most common real estate scams in the last couple of years has involved unimproved land sales. I highly recommend you get some help from a local investor or agent to help guide you through the process since this all new to you. Yes, you'll have to pay them but until you become familiar with investing, it's often well worth the expense.