Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

1
Posts
0
Votes
Jason Jirjis
0
Votes |
1
Posts

PA in Minnesota, As-is purchase

Jason Jirjis
Posted

Buying a vacant home for a good deal In my neighborhood.Got my lending and construction loan set. I have not been using a relator as I have been working with the owner directly. I am at the point were we have agreed on the price and I will cover the closing cost. I can use a relator for 1.5% ($2,454) to facilitate all the paperwork for the transaction before it goes to the title company (PA doc, As-is doc, etc...) I am also considering doing the paperwork myself finding the document templates.I am purchasing in Minnesota and am new to this process.  

Wanted to get feedback on if I should go with a relator to facilitate or DIY the process. What are the legal issues that could pop up if I go diy but have all the proper docs. 

Also feedback from anyone in minneapolis would be greatly appreciated.

 Thanks,Jason 

Most Popular Reply

User Stats

46
Posts
19
Votes
Replied

I live in Minneapolis. I personally would lean towards using an agent. Especially if you are questioning your plan of attack. Go with an agent until you are comfortable and knowledgeable on how to do it properly solo. 

Loading replies...