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what do I need to do to buy a house on a "quick sale"?

I have the chance to buy a house for $35.000.I will pay cash..the owner wants to do a quick sale.What should I do to prepare for the deal?will there be hidden charges...the owner is using her family lawyer who will not charge closing cost.Will I have to pat tax on the price of the house at closing?

3 Answers

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  • 1 decade ago
    Favorite Answer

    Yes, there will be other charges, but it's negotiable as to who pays. There's a transfer tax and title insurance. Plus you should have the property inspected. However, first you and the seller need to sign a contract for sale and purchase.

    realtor.sailor

    Source(s): I'm a Realtor
  • Anonymous
    1 decade ago

    You need a lawyer to represent you. Do NOT use the seller's lawyer.

  • Mark C
    Lv 7
    1 decade ago

    Get your own lawyer, for a quit claim deed.

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