Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 10 years ago on . Most recent reply

User Stats

31
Posts
11
Votes
Victor Noriega
  • Investor
  • Round Rock, TX
11
Votes |
31
Posts

Verifying the property owner

Victor Noriega
  • Investor
  • Round Rock, TX
Posted

Hi, I have a motivated seller for a vacant lot who contacted me yesterday.  He was the step-son of the property owner.  He found me after one of my direct mail campaigns.  He mentioned his step-father was deceased and he was now the owner of the property.  This is a going to be a cash deal, and I am still new to land buying, so I am using a title company for all my closings.  Before I send out the contract to purchase, what documentation should I request from the seller to verify they are the owners?  The individual I spoke with mentioned that his attorney said he was the owner, so I'm sure there is some type of documentation.  I will contact the title company to verify the cost out of pocket in case the person I am in contact with is not the actual owner.  

  • Victor Noriega
  • Most Popular Reply

    User Stats

    23,418
    Posts
    13,510
    Votes
    Wayne Brooks#1 Foreclosures Contributor
    • Real Estate Professional
    • West Palm Beach, FL
    13,510
    Votes |
    23,418
    Posts
    Wayne Brooks#1 Foreclosures Contributor
    • Real Estate Professional
    • West Palm Beach, FL
    Replied

    When your title co. Runs the title search, they'll find out if he has the right to sell.  If not, they can tell you what he needs.  A couple hundred bucks.

    Loading replies...