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Updated about 2 years ago,

User Stats

97
Posts
136
Votes
Adam Walter
  • Rental Property Investor
  • Mason, OH
136
Votes |
97
Posts

Buying first land contract through Paperstac

Adam Walter
  • Rental Property Investor
  • Mason, OH
Posted

Hi Everyone,

I'm in the process of buying my first Land Contract through Paperstac and had a few questions.  The property is in Ohio, and I have a house a block away and drove by the property yesterday.  Everything looks good with the collateral and the process is easy so far.  We are at the point where Paperstac is asking me to wire funds and the seller to provide file information.  Is it normal to wire funds before reviewing the file?  

Another question is that I can not find the land contract recorded at the county website.  How concerned should I be if the land contract is not recorded?  Is there anything else I should look for or do?  Should I get a title search?  Thanks!!   

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