Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago,

User Stats

29
Posts
4
Votes
Laura Turner
  • Lancaster, PA
4
Votes |
29
Posts

do I need a closing company?

Laura Turner
  • Lancaster, PA
Posted

So do I really need a title company to close? 

Seems like they charge an awful lot to research the title and liens, insure the title, pay off the mortgage if any, prorate utilities and taxes, and file the documents.

I'm getting a cheap property, have researched the title and liens online, seller is solvent and has no mortgage and easy to find (lived locally all his life), and am comfortable taking the risk of going without title insurance.  It'll be a cash sale. 

Has anybody tried forgoing the title company and going to the courthouse to file the documents themselves, with a cooperative and trustworthy seller?

Anything else I need to know?

Loading replies...