Multi-Family Land Contract Help
I am under contract to purchase a multi family on Land Contract terms, very liberal and attractive terms, i might add. My questiona are;
1) Do i need to involve the Title companies, i already paid and have a title search done on the property and all is clean and clear. I have the LC forms and the Memorandum of LC forms, I intend to do the recording of the deal as soon as we signed the documents. What else should i be doing to protect myself for unforseen circumstances.
2) There 3 platted parcels of vacant land that the owner is selling with the property, i am not sure if make sense adding those properties to the LC of the lot that has been developed since all the lots have seperate titles.
Guys and Gals, whatdo you think. Quick please,
Popoola
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