: Perform a title search to ensure there are no liens or unpaid property taxes attached to the property.
Buying directly from an owner, often called , allows you to purchase assets like homes, land, or cars without a middleman like a real estate agent or dealership. This can lead to lower prices since the seller avoids paying high sales commissions. 🏠 Real Estate: Buying a Home or Land buy from owner
: Sellers often price lower because they aren't paying a 3%–6% agent commission. Verification Must-Dos : : Perform a title search to ensure there
: Request original documents like a Deed of Assignment or Certificate of Occupancy to ensure the seller actually owns the land. 🏠 Real Estate: Buying a Home or Land
: Always conduct a physical inspection to check for structural issues like cracks or subsidence, which can heavily devalue a home. 🚗 Vehicles: Buying a Used Car Eight Tips for Buying a Used Car - The Frugal Girl
: Even without an agent, you should hire a real estate lawyer to draft the sales agreement and handle the legal transfer.