Sub-2 Signing Over A Deed?

Comments(6)

• 
  nebulousd2nd November, 2003

  it's can be done at burger king as long as the papers are notarized. but I wouldn't get a deed unless you knew they had clear title....so do a title search first before you get the deed.

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  rcummings2nd November, 2003

  As long as you have the proper forms you can do it at the Sellers kitchen table. Just have a Notary present when you do go.

• 
  InActive_Account2nd November, 2003

  I'm a realtor in Georgia who is just beginning to expand my mind and learn more about creative financing and investing. We have been taught that Georgia law requires attorneys to handle the closing. While this is currently being challenged in the courts, you may want to check with your state's real estate commission to verify that you can legally close your own transaction.
  
  I found a webpage with a breif description of each state's requirements. You can find it by searching google using the phrase:
  
  "ESCROW PROCEDURES AROUND THE UNITED STATES"
  
  Hope this helps...

• 
  chantynicole2nd November, 2003

  How do I do a title search? Do I contact an attorney or can I do it myself?

• 
  jfmlv19502nd November, 2003

  chantynicole,
  
  Here is one of many links here on how to do title searches.
  
  http://www.thecreativeinvestor.com/ViewTopic3554-19.html
  
  Hope it helps.
  
  John (LV)

• 
  demosthenes5th November, 2003

  what I usually do is work out the details of exactly how much the seller is going to get in cold hard cash say its 2000 dollars I would then structure the deal so that he gets most of it once he has left the house. something like this
  
  25 for signing the contract, 400 once he deeds it over and then 1575 once he has left.
  
  I would also get a mortgage authorization letter so I can check on exactly how much has been payed on the mortgage and then I would go down the courthouse the check that there aren't any other leans that he forgot to mention.
  
  As long as everthing is coposetic I would proceed.