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Updated about 10 years ago on . Most recent reply
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Steps in closing a real estate deal
Quick question for anyone out there that can help me out with understanding the closing process. I'm currently trying to break into buying/selling land (raw parcels). I'm currently researching the closing process and would love any insight anyone has about the process. My plan is to start out buying smaller parcels and would therefore like to keep my costs as low as possible to start. When I finally find a plot, make an offer, and agree on a buying price with the seller how do I continue with the closing process? Do I NEED to hire an attorney or can I simply complete the process through a title company. I apologize if this question is a little too "basic", I'm a newbie so feel free to share ANY info, all responses are appreciated!
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@James Wise thank you
@Guy Gimenez thanks for the info, I am certainly the type that will do deligent research before jumping in. In terms of finding a good title company to work with what would you suggest. I would assume like anything else in this world there are both good and bad companies out there. Thanks again