Quick Question About L/O
I understand that when I choose to purchase the property under L/O that we go to the title company and close on the deal. But my question is, do i have to go to the title company before that? I mean once I lock the property under contract, Do i need to to go to a title company for any reason while I am leasing and not actually buying the property...Sounds like a dumb question, but I am new to this, so I want to do it the right way. Please all you other L/O'ers out there tell me what you do!
Thanks alot 
you might want to do a short abstsract yourself prior to the termination of the lease and enter into the option stage..but a full title report will be required by lender prior to refi anyways..however, its good to know what your getting into as the property may be over encumbered or liens that the seller may not be aware of yet..we do our own title search at the court house prior to any purchase..hope this helps a little..
Regards-pat
For years, I did my own title searches. I never missed the big liens, encumbrance, judgments,liens etc. So I was fortunate. On occasion, I missed some of the smalI change items like a homeowners lien. I did save money, but one error could have cost me more than all the savings combine.
Now I just get title insurance and leave the risk and worry to them.