All Cash Purchase: Title Company, Real Estate Attorney or Both?

[Tyson Hosey]

Hello all. I've got a lead on a property that I can pay all cash for, but the only experience I have is with a loan and realtor. So when I go to pay for the property, do I need to get a real estate attorney involved or can the title company take care of the transaction?

[Jerry Jenkins]

It depends on state law where the property is.  Typically east of the Mississippi attorneys are used and west is where Title Companies handle real estate transaction.  New Mexico I think use Title Companies so just google a couple in your city and ask them if they can handle the transaction.  If you have a contract with the seller and cash to close ; it should be an easy quick file for them to work to ensure both sides are protected.