03-25-2013, 05:52 PM
This is my second property purchased this way. Just get it all notarized. Make sure they are on the title... Spending money on a Realtor and or title company is just insane. I'd never do it again. You can write it all up yourself and take it down to the county and process it. IE, have the title transferred into your name.
Paying title insurance or Realtor fee's for property under 20 grand is just crazy IMO. But it looks like you already did the hard part. Located the buyer via county records and you already agreed to a price.
It just amazed me when I read all the fine print after selling some property on the mainland to exactly what I paid 3K dollars for split... The fine print pretty much said even if you found a problem or mistake the title company could not be held liable. So what's the point? The only thing they do is hold the money and when the property get recorded they pass the money to the buyer. Still if for some reason you got scammed they would do nothing since they are not held responsible in any way. Read that fine print.
Tho, usually it's the seller that absorbs the fees not the buyer. So hopefully you got a really sweet deal.
Paying title insurance or Realtor fee's for property under 20 grand is just crazy IMO. But it looks like you already did the hard part. Located the buyer via county records and you already agreed to a price.
It just amazed me when I read all the fine print after selling some property on the mainland to exactly what I paid 3K dollars for split... The fine print pretty much said even if you found a problem or mistake the title company could not be held liable. So what's the point? The only thing they do is hold the money and when the property get recorded they pass the money to the buyer. Still if for some reason you got scammed they would do nothing since they are not held responsible in any way. Read that fine print.
Tho, usually it's the seller that absorbs the fees not the buyer. So hopefully you got a really sweet deal.