Posted by whyK-CA on May 03, 2005 at 19:22:59:
Rick, you can get them from title company free of charge. Don’t forget to check the title. -whyK
Seller carry back? - Posted by Rick
Posted by Rick on May 03, 2005 at 18:37:48:
When getting the deed from a seller and he is willing to take back a second, how do you do that! I mean what documentation is involved. How do you handle this if your at the sellers kitcnen table ready to close the deal? By the way I live in California.
Re: Seller carry back? - Posted by whyK-CA
Posted by whyK-CA on May 03, 2005 at 18:48:34:
Hi Rick, you need Grand Deed for transferring title, a note for the second and Deed of Trust to secure the note to the property. Hope this helps. -whyK
Re: Seller carry back? - Posted by Rick
Posted by Rick on May 03, 2005 at 19:07:14:
Where do I get these documents? Should I fill them out or a professional? Thanks for the response.
Don’t be crazy - Posted by Brent_IL
Posted by Brent_IL on May 03, 2005 at 19:23:43:
Get a title company to provide the documents. Tell the escrow officer what you want and then read the closing documents to verify that they say what you wanted. If you don’t understand them, give them to another lawyer to see if they comply with your wishes.
Experienced real estate lawyers don’t charge excessive fees for routine review; probably less than the earnest money you’d lose, or the legal defense you would have to mount if things are screwed up. They?ll come up with a few things to justify their fee, but that?s O.K.
In the past, I was really into contract law. Good attorneys kept me from shooting myself in the foot plenty of times. Use professionals if you want a professional job done. Again: pre-emptive law.