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Updated about 12 years ago,

User Stats

59
Posts
2
Votes
Jonathan H.
  • Renter
  • seattle, WA
2
Votes |
59
Posts

Purchasing land - How to make the transaction

Jonathan H.
  • Renter
  • seattle, WA
Posted

Hello everyone,

I am planning on purchasing a couple of plots of lands.
In the future, I will either sell off as the area develops or develop myself for leisure.

For one of these lots, I am planning on using the owner-financing that they are offering.

Here is my very newbie questions:

Who would write out this agreement?

How do I make sure the land belongs to me as long as I make payments?

I know these are some very basic questions but with such a small cost on the plots, it seems silly to involve an agent. I just dont know anything about purchasing real estate yet.

thanks

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