How Do You And Your Tenant Close Without An Agent?
Ok, say for instance, I have a property that I've bought and have put it back on the market to sell to an end buyer. Say for instance a financed buyer comes along and wants to purchase my property, or even say that I did a CFD type deal and the time for my buyer to actually cash me out comes. What the procedure for getting things done at that point? Do I call a title company and ask them to do the closing? Who should be there? Meaning, should my broker be there for funds purposes, a lawyer, etc.
What do you guys do?
quinn
That is a lot of what ifs.
You are transfering title from you to another. How else would you normally do it?
Probably a title company or an attorney.
I think you may be overthinking things a little.[ Edited by tbelknap on Date 05/21/2004 ]
A closing attorney &/or Title Company can handle the closing (passing of title) disbursments, and make certain that the appropriate documents are devised, signed, and recorded.
Laws, practices and customs vary. In my experience, a real estate broker or broker's agent attends the closing only to collect his/her commission for bringing about the sale. A quick call to a local real estate attorney or title office should answer any questions you may have.
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Short Sale Practitioners can't predict, or guarantee results... but can take steps to insure the likelihood for success....[ Edited by TheShortSalePro on Date 05/22/2004 ]