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User Topic: buying a house without a realtor?
Member # 14940
Default  Posted: 7:34 PM, May 11th (Saturday)

I'm thinking of buying one directly from the investment company that owns it.

Does anyone have any experience doing this? Do their lawyers draw up all the paperwork, or how is this done?

Me: free of the secrets and lies!!!
Divorced 10/2011

Posts: 4483 | Registered: Jun 2007
Member # 26970
Default  Posted: 7:47 PM, May 11th (Saturday) don't need a realtor, but do your homework..

..get a house inspection and also get your own lawyer to make sure everything is done to protect your interests.


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She isn't and never was who I thought..I can't believe who I married and what she did to us.
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Posts: 4129 | Registered: Dec 2009 | From: the sad state of affairs
Member # 32847
Default  Posted: 7:58 PM, May 11th (Saturday)

We bought our first house without a Realtor. We'd been renting it for about 3 years when the owner decided to sell. We got an inspection done and I had a friend who worked for a title company who walked us through all the particulars. It worked out well because the seller wasn't trying to put anything over on us, and we knew exactly what we were buying. I definitely agree to have a lawyer look over the contract.

Tune out the noise of what others tell you about who you are and work it out for yourself...

Posts: 1650 | Registered: Jul 2011
Member # 19290
Default  Posted: 9:01 PM, May 11th (Saturday)

Just did that, the house we rented we bought from the seller. We went through a lady that was highly recommended to us at a mortgage lending company and they pretty much did everything and sent to the Title company. It took us a couple of months to get done because where we live we were able to get a rural home loan. We signed a purchase agreement with the seller and got with the mortgage lender and went in to sign papers with her once, then about 7 weeks later we were signing the papers at the title company. We were lucky the guy we bought from was so helpful.

Posts: 265 | Registered: Apr 2008 | From: South
Member # 26651
Default  Posted: 10:15 PM, May 11th (Saturday)

Definitely work with a lawyer and get a home inspection. Make your offer contingent on a home inspection. Hope you have good luck finding something

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Posts: 11584 | Registered: Dec 2009
Member # 14940
Default  Posted: 10:27 PM, May 12th (Sunday)

I've found something that's absolutely perfect for my family and business, and quite unique. It costs next to nothing, seems so far to be structurally sound. The problem is, it's 90 miles from where I live and work. Part of my plan is to phase more of my income into what I earn with my business, which I can conduct from anywhere, so still lots of decisions to be made.

Me: free of the secrets and lies!!!
Divorced 10/2011

Posts: 4483 | Registered: Jun 2007
Topic Posts: 6