Okay Another Question About Title Search
You've found your target/subject properties, you make the appointments, meet with the sellers, do the paperwork at the kitchen table, .... When do you do all of the title search work? Is this another contingency that is built in to the agreement?
Make the deal good subject to clean title, satisfactory inspection, approval of your "partner" (i.e., your dog), etc.
Am I catching on or am I way off base?
Thanks
Depends on the type of deal you are trying to do. General contracts for sale are for transfer of property by warranty deed free and clear of all encumberances of title. Don't religously adhere to language just because other people use it or it was on a form at the office supply store. Make sure you know your local law and then include language that is tailored to your, and the seller's, needs.
Thanks jh
I assumed that the discussion was regarding Sub2 deals and I was working under the assumption that one would want to be sure of what he is buying before not after the deal is done. Just trying to making it all fit together in my mind before going out and putting a deal together.