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The Water Cooler
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Buying vacant land
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<blockquote data-quote="Roy14" data-source="post: 4139125" data-attributes="member: 41855"><p>A realtor isn’t necessary but as stated above, a closing company/title insurance is very important. Really if you know an attorney who specializes in this area it’s good to let them handle it. He could only own a portion of the land and be selling it as it’s all his- this happened to my dad, and it was a mess. Thankfully his attorney was able to mitigate the issues because he found the issue and went to work on contingencies immediately. It was still an expensive mess, and caused other issues as well since it was a “friend” who he was purchasing it from.</p></blockquote><p></p>
[QUOTE="Roy14, post: 4139125, member: 41855"] A realtor isn’t necessary but as stated above, a closing company/title insurance is very important. Really if you know an attorney who specializes in this area it’s good to let them handle it. He could only own a portion of the land and be selling it as it’s all his- this happened to my dad, and it was a mess. Thankfully his attorney was able to mitigate the issues because he found the issue and went to work on contingencies immediately. It was still an expensive mess, and caused other issues as well since it was a “friend” who he was purchasing it from. [/QUOTE]
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