Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
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

User Stats

83
Posts
62
Votes
Ray J.
  • Gary, IN
62
Votes |
83
Posts

First off-market, no broker purchase

Ray J.
  • Gary, IN
Posted

Hello,

I and a seller just completed a purchase agreement for a property I intend to buy cash.  However, this is the first time neither party (me, or the seller) is using a broker to help.  I'm contingent on clear title and not much else.  I'm paying ALL closing costs.  

Do I just take the purchase agreement to a title company and they will assist me from here?  Basically, I'm wondering what my next step is.  I'm new to this, so any help is much appreciated.

  • Ray J.
  • Most Popular Reply

    User Stats

    50
    Posts
    28
    Votes
    Robert LaPrelle
    • Chapel Hill, NC
    28
    Votes |
    50
    Posts
    Robert LaPrelle
    • Chapel Hill, NC
    Replied

    I would recommend using a lawyer, especially since this is your first time. You can do that kind of transaction with just a title company, but I think a lawyer is well worth the money your first time through. Good luck!

    Loading replies...