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Updated almost 9 years ago on . Most recent reply

User Stats

8
Posts
2
Votes
Nicole Payne
  • Crossville, TN
2
Votes |
8
Posts

Buying Land Without a Realtor or Title Company

Nicole Payne
  • Crossville, TN
Posted

Hi.  I'm very new to real estate investing and just found some really cheap land for $500 that I have decided to purchase from someone on Craigslist.  I was wondering if someone could tell me what exactly would have to be done in this instance as far as transference of title and any other legalities to look out for. Would I be the one to draft the warranty deed?  Would I have to check for liens myself?  It isn't worth it to me to hire a title company for the amount of the initial investment.  Thanks in advance!

Most Popular Reply

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23,418
Posts
13,509
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,509
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

This is how guys sell useless,worthless, unbuildable vacant lots, without clear title to dummies.....don't be one.

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