Long distance closing - Posted by Terry

Real Estate Investing
1

Posted by dewCO on February 02, 2001 at 21:45:47:

All of it can be done without you being there, usually. It’s called overnight delivery of docs that need to be signed and then you send them back the same way. But, I’d question whether you should be buying property out of your area—you really need to know what you are doing.

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Long distance closing - Posted by Terry

Posted by Terry on February 02, 2001 at 14:58:12:

Thanks to everyone for answering my previous post. I’ll check out all the info that I can. In the meantime, being new, I have a question concerning purchasing property that’s not local:

Do I have to be present to close a deal? I don’t have transportation (or money!) to get out of town, so am I limited to purchasing locally? If not, how much of the transaction can be done without my personal presence?

Any help will be greatly appreciated.

Terry