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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
- realtor.sailorLv 71 decade agoFavorite 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 - Anonymous1 decade ago
You need a lawyer to represent you. Do NOT use the seller's lawyer.