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.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

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
Real Estate Deal Analysis & Advice
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 almost 9 years ago on .

User Stats

3
Posts
0
Votes
Kylee Roe
  • Sacramento, CA
0
Votes |
3
Posts

"Kitchen Table" closings and recording items

Kylee Roe
  • Sacramento, CA
Posted

Hi All, 

Thanks in Advance--

My investor marketing/mailing turned up a homeowner who was ready to bail and just abandon his house. Unfortunately, he owed way to much to take it on as a flip--and not interested in it as a rental. Being a Realtor, I offered to list it for him and see what the open market would produce. Now on our second buyer who really wants the house, the owner has left the state (California) and abandoned the home. Ex-girlfriend has moved in uninvited (They broke up in Dec. , she was kicked out, y'know...the whole story), no lease, no payments and is squatting. Needs to be evicted, we can't get in the house, nor complete the sale.

Buyer is willing to pay for the eviction--seller won't, can't and could care less. 

My question is, if we do a quick "kitchen table" closing--that is the seller signs a warranty deed to the buyer and sells him the house, loan stays in seller's name for now, what do we need to record to be "officially" on record. No escrow company involved, so want to be sure I know what paperwork is needed.  Just the deed?

Thanks.

K