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Updated about 10 years ago on . Most recent reply
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Verifying the property owner
Hi, I have a motivated seller for a vacant lot who contacted me yesterday. He was the step-son of the property owner. He found me after one of my direct mail campaigns. He mentioned his step-father was deceased and he was now the owner of the property. This is a going to be a cash deal, and I am still new to land buying, so I am using a title company for all my closings. Before I send out the contract to purchase, what documentation should I request from the seller to verify they are the owners? The individual I spoke with mentioned that his attorney said he was the owner, so I'm sure there is some type of documentation. I will contact the title company to verify the cost out of pocket in case the person I am in contact with is not the actual owner.
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- Real Estate Professional
- West Palm Beach, FL
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When your title co. Runs the title search, they'll find out if he has the right to sell. If not, they can tell you what he needs. A couple hundred bucks.