The actual purchase process

[Pedro Martins]

Hi,

I'm a new investor in the real estate realm. I have been put in touch with someone that wants to sell 3 distressed properties very cheap. I have an experienced contractor to visit the places with me and give me estimates of the renovation costs. I also have funding in place as I will be paying cash. My only question is how the process works? Since there are no realtors involved, how can I be secure that when I put money down that I am getting something, or that the properties don't have other liens or that this seller even really is the owner??? I appreciate any responses to what may be a very silly question!