I read many Q&A's here on active rain. I respond to some. What stikes me is how people save a little money and how that costs them a ton later on. Here are some common problems that hopefully yoube avoid
1 The quitclaim deed. This is my favorite. The qiut claim deed can be filed 100 percent correctly and you still may not have clear title. All this deed does is convey title. But if there is an earlier claim or liens the quit claim deed does not help you. Nor does the clerk who tells you it is fine. The second problem with this deed is it often does not convey the type of title you want. Just because you put 2 names on the deed it does not mean the property automatically goes to the other name in the event of a death. So with homes in 6 and 7 figures in a tight market why not spend some money and do it right??
2 My second favorite is if you are buying property do you know whether or not you are on sewer or septic. Think its ok not to know. Buy a lot that cannot get approved for a septic system and you will learn differently.
At the end of the day , and I can go on, use a Realtor. If you are buying it usually costs you 0. You are not going to save that much by going to the seller direct. If you are selling Statstics show Realtor get 18 percent more for property than folks do by owner. If you live in an area where Realtors make more than 18 percent can you please email me so that I may move there. Since this is a big investment why take chances.
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