Direct purchase - Posted by Mike Gimblet

Posted by John on September 07, 2005 at 17:55:13:

You can do this by yourself, but you need to understand what you are doing.
From the questions you ask my advise is get a R/E attorney, to assist with contracts and closing or a title company to close this. Buy title insurance.

Direct purchase - Posted by Mike Gimblet

Posted by Mike Gimblet on September 07, 2005 at 14:19:11:

I’m negotiating with a person on a small residential property. I’m going to try to get her to carry the note to minimize out of pocket costs, etc.

My question is how to handle the transaction? Can we do the paperwork ourselves or should we go through an attorney? I can get the necessary Texas Real Estate Forms…just need to make sure I get all the correct forms.

Title insurance? Property has been in her family for years. What about filing the transaction at the court house? Any help would be appreciated…thank you in advance.