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Updated almost 7 years ago on . Most recent reply
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Cash Purchase Question
Hello, I may have a deal in Missouri for under 10k. Not sure of all the details yet, but if it all works out I am wondering about what I need to complete the transaction in MO. For a cash purchase without RE agents, do I need a lawyer or a title company? Any advise on the rules/ requirements for Missouri would be helpful.
Thanks!
Most Popular Reply
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- Real Estate Broker / General Contractor / Property Manager
- Kansas City, MO
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@Fiona Humphrey I would be very wary of buying any piece of property in Kansas City for under $10k; especially if it is vacant land in the inner city. Make sure you have a local expert confirm the details. As for your original question, @Jeff Filali is correct. All you need is a title company and a sales contract. It shouldn't cost you more than a couple hundred dollars.