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Nicholas Richardson
  • Real Estate Investor
  • Chicago, IL
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Deed / Title questions

Nicholas Richardson
  • Real Estate Investor
  • Chicago, IL
Posted Oct 3 2009, 09:47

This coming Monday I will be meeting with an owner that is going to sign the deed of his house over to me. I already have a buyer lined up to take this property from me right away. My are questions are as follows.

What paperwork do I need to transfer the deed from the owner to me? What is the process?

My buyer wants to make sure there is clear title. Do I need to have a title company do this or is there an easy way for me to do this on my own? I checked the records online and it looks like there is a release for the mortgage records. Taxes are current and and can't find any liens on the property.

Even though they are giving me the house for free does anyone have an idea of what all this might cost me if anything besides the fees to record the document?

Thanks for any help in advance..

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