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Updated almost 12 years ago on . Most recent reply

User Stats

47
Posts
17
Votes
Joan C.
  • Investor
  • San Jose, CA
17
Votes |
47
Posts

Buying from ForsalebyOwner website

Joan C.
  • Investor
  • San Jose, CA
Posted

Hi,

I found a studio on for sale by owner website, seems the price is 50k less than the studio in the same complex, but $20k more than the similar studio nearby, seller says that they are relocating to Europe.

I have not purchased any property from owner directly or from wholesale before, one question always in my mind, how do I make sure that the seller is true owner? will escrow/title insurance good enough?

Thanks advance for your insight.

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