Making Cash Purchase: Not 100% on the process.

[Marcus Geiser]

I have the property under contract. The settlement company is doing the lien search and I will have it Friday, August 5th, 2022. 

The story is this; I live in a quiet little neighborhood. When the police raided the house on the corner it was all the talk. I seen people there the next day and put the house under contract thinking maybe it was a fed up landlord. Not the case. The seller ghosts me for several weeks. Calls me and says she is homeless, the house I have under contract is deplorable. Perfect walls, rough kitchen, but boxed up contents from a $600,000 house brought to a 1200 SF 3/1 purchased for $60,000 with a wet basement, full of boxes. The Father-in-Law bought the house a couple years ago for them. The husband unexpectantly passed away and the wife left alone fell off hard. I told her I would help, before I could she was taken to the hospital in Wilkensburg by the police yet again. She has been staying at a hotel. 

Here is my question: With my lien report back only showing the 3 years back taxes, I can then file the deed myself at the city county building. All I need is to prepare the deed, have notarized, and paying filing and fees. Right? 

What is the best way to do it I mentioned a quit claim but was told general warranty was better way. Still dont understand why, or how to decide. I have not been able to get clarity from my sources that dont think about REI but more standard house purchases. If this was a demo and 50 sheets of drywall it would be easier for me...

Learning through experience is not like reading a book or thread. 

[Andrew C.]

Quote from @John Teachout:

Make sure to purchase title insurance.

 Just thought I'd highlight this.

  I'd use a title company to manage the process and get the title insurance. As for the process of cash closing...it's easy. The title company will tell you what to do. When I've done this you just wire funds to the title co's account, and otherwise it's just like every other closing but simpler due to no lender.