Investor · Aiken SC · Member since 2022 · 6 posts · 1 vote
Hello everyone, this is my first post. I’ve been looking into investment properties for some time now, and my cousin actually has a home that I believe I could get for a deal. My question is, how do you go about doing so legally, and so that you don’t potentially get taken advantage of if you’re not using a realtor. She’s had this property for over 20 something years, and the last ten it has went without being messed with much, but it is right beside my home, and it shouldn’t take much to get it into decent shape. Thanks for any advice!
Real Estate Broker · New York, NY · Member since 2020 · 2k+ posts · 1k+ votes
3y
Hey @Robert Proctor - once you and your cousin agree on a price, ensure you have attorneys in place to draw up the contracts and a home inspection company to review the property.
Your Attorney will most likely also order a title and certificate of occupancy search which will dig up any liens or title issues with the property.