Posted by Ed Copp (OH) on May 18, 2000 at 11:47:11:
The title company is going to be your best friend, here. Most if not all title companies have a lawyer on staff and many are owned by lawyers. They search titles, sell title insurance, prepare parerwork like notes, mortgages, deeds and so on. They usually will have the closing for you, at thier office.
Understand that there are a lot of things that have to be done the first time correctly, and most of us are just learning. The title company is in this business.
All you need to do is find a seller who is willing to sell to you on the terms that you and the seller agree to. That is your job here. Then write it down, preferably on a form (called an offer to purchase). You and the seller must come to an agreement, when you both agree then you both sign the offer and it becomes a contract. Take it to the title company and they will do the rest. They will charge for the work that they do. So ask up front how much they charge. Go do it…ED