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Updated almost 8 years ago,
Cash purchase of home in North Carolina
I have recently been approached by a homeowner that has offered to sell me her vacant house. She is quite elderly and so I'm trying to do as much of the leg work I can for her.
We have verbally agreed to a price and I have some idea of where to go from here, but I wanted to double check.
This is what I think I know.
The owner has to fill out a property disclosure statement as well as a lead-based paint disclosure statement (house was built pre-1978).
We then create and sign a contract (anyone out there have a contract they typically use for these types of transactions).
I hire a closing attorney to complete the process.
Am I missing anything? At what point would it be best to hire the attorney.
Thanks, Paul